Record U.S. Exports Seen in Worldwide Mar

Record U.S. Exports Seen in Worldwide Mar

Eddie Seal/Bloomberg

The oil tanker Seaqueen is docked at the Valero Energy Corp. refinery at the Port of Corpus Christi, Texas. The U.S. has become a net exporter of oil products for the first time since 1949 as companies such as Valero Energy Corp. process more crude to feed demand in Mexico and Brazil, where growth outpaces the U.S..