U.S. Oil Exports To Europe Hit Record High

March 21, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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U.S. crude oil exports to Europe hit a record high in March, due to a wide WTI to Brent discount in January which prompted many spot deals for the cheaper U.S. crude, analysts and tanker-tracking firms told Reuters this week. The U.S. has shipped so far in March a record 2.1 million barrels per day (bpd) on average of crude oil to Europe, according to estimates cited by Reuters. In January, the discount of the U.S. benchmark, WTI Crude, to the international benchmark, Brent, widened to over $7 per barrel at the end of the month,…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

U.S. Oil Exports To Europe Hit Record High

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