The US crude oil factor in the tanker market.

The US crude oil export market is fast becoming a major one for tankers. In a recent report, shipbroker Banchero Costa said that "driven by the shale oil boom of the last decade, the United States have rapidly increased both the production and the export of crude oil and oil products. Seaborne crude oil exports from the USA reached 128.4 mln tonnes in 2019 (excluding domestic cabotage), based on Refinitiv ship...

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