US crude exports drop amid pressured Northeast Asia arbitrage

MOSCOW (MRC) -- US weekly crude exports fell to their lowest level NovemberВ inВ early July, according to US Energy Information Administration oil data July 8, as arbitrage incentives to Northeast Asia have eroded, reported S&P Global.The US exported just 2.39 million b/d of crude for the week ended July 3, their lowest since the 2.37 million b/d seen in early November. Exports last week

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