U.S. Crude Oil Exports Could Jump To Almost 4 Million Bpd By 2020

oil tanker

 

U.S. crude oil exports could increase to 3.9 million bpd by 2020, mostly driven by rising production in the Permian, the Houston Chronicle reported on Tuesday, citing a new report by S&P Global Platts.

U.S. crude oil exports are expected to reach 2.2 million bpd next year, according to the estimates. Continue reading