US oil product exports surge to record 8.7 million barrels a day

US oil product exports surge to record 8.7 million barrels a day

Propane led last week’s increase, followed by diesel, gasoline and jet fuel, with most U.S. diesel cargoes headed to Brazil and the rest of South America.

Summary

Total U.S. oil product exports climbed to a record 8.7 million barrels per day last week. The increase was led by propane, followed by diesel, gasoline and jet fuel cargoes. Most U.S. diesel exports are going to Brazil and the rest of South America, while about 14% is bound elsewhere, the source said.

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