US Rushes to Fill Global Oil Supply Gap as Exports Reach Record HighUS Rushes to Fill Global Oil Supply Gap as Exports Reach Record HighUS Rushes to Fill Global Oil Supply Gap as Exports Reach Record High
Gemini / GoogleThe United States exported oil at record levels in April, rushing to fill a global supply gap amid the Iran war, even as gas and oil prices remained stubbornly elevated. April exports averaged 5.3 million barrels per day over four weeks, up from 3.8 million at the end of March, according to the U.S. Energy Information Administration’s weekly exports data. The week ending April 24 was the…