US Set to Ship Record Crude Into 2023 as Energy Crisis Deepens
- Europeans have taken comfort in American oil supplies
- Exports in 2023 seen to average over 4 million barrels a day
A tanker loads oil products in Corpus Christi, Texas.
Photographer: Eddie Seal/Bloomberg
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US crude sales overseas are set to hit fresh records through next year as American oil increasingly takes market share in Europe.
Earlier this month, weekly government figures showed an unprecedented 5 million barrels a day of US crude being exported. Shipments are poised to average over 4 million barrels a day over the next few months and into next year, according to the most optimistic in the oil industry.