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U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. crude oil exports have been Europe, Asia, and Oceania. BPD, slightly surpassing exports to Asia and Oceania, which stood at 1.7 From 2004 through 2007, U.S.

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