22FEB2019 - NEWS - Crude oil exports of USA hits a record last week at 3.6 million barrels a day

The United States exported a record amount of crude oil last week, as output from the nation's shale fields continues to surge. The nation shipped out just over 3.6 million barrels a day in the week through Feb. 15, according to the U.S. Energy Information Administration. That easily topped the previous all-time high of 3.2 million bpd set in November. Also last week, U.S. production hit a record 12 million bpd. The reading is subject to significant revision, but this is the first time EIA's weekly report has shown American output hitting the threshold. The weekly reading has been hovering at 11.9 million bpd for the last five weeks.

Published by Editor - www.Livebunkers.com at 22-Feb-2019 07:08:40 [UTC] , contact editor at editor@livebunkers.com