U.S. Oil Exports Hit Record 12.7 Million Barrels a Day Last Week
The source says the United States exported more than 5 million barrels of crude oil per day and a combined 12.7 million barrels of crude oil and refined products, marking a weekly record.
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Terms & Concepts
Refined products: Petroleum products processed from crude oil, such as gasoline, diesel, and jet fuel.
Crude oil: Unrefined petroleum extracted from the ground before it is processed into fuels and other products.
Oil exports: Shipments of crude oil or petroleum products sold from one country to foreign buyers.