Thursday, July 07, 2022

Over 5 million barrels of US reserve oil were exported to Asia and Europe last month as domestic refineries run at full capacity, report says

Over 5 million barrels of US reserve oil were exported to Asia and Europe last month as domestic refineries run at full capacity, report says
  • Over 5 million barrels of oil from the US reserve were sent overseas in June, Reuters reported.
  • The exports follow similar shipments in April, when ships went to Europe to replace Russian oil.
More than 5 million barrels of oil from the US Strategic Petroleum Reserve were exported to Asia and Europe last month, Reuters first reported..."

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