Oil Trader Trafigura Profits From Growing U.S. Crude Exports
- Trafigura uses terminals in U.K. and Israel to help exports
- U.S. crude overseas sales hit record of 660,000 barrels a day
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Over nearly 45 years, the oil tanks at Milford Haven on the U.K. west coast have stored dozens of crude varieties: from North Sea Brent to Nigeria’s Bonny Light and almost everything in between. Now, for the first time, they are holding U.S. crude too.
QuickTake U.S. Crude Oil Export Ban