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US fuels the world as shale boom powers record oil exports

Total petrol exports hit a record 1.21 million barrels a day in November

Purchases of US light, sweet crude have skyrocketed this year as pipeline and dock infrastructure was built out and the wider price spread between Brent and WTI crude coaxed more cargoes abroad.


THE world's largest oil consumer exported more hydrocarbons than ever before in 2017 - and shows no signs of slowing down.

You name it - crude oil, petrol, diesel, propane and even liquefied natural gas (LNG) - all were shipped abroad at a record pace. While the surge comes...