Overseas demand strains U.S. fuel reserves amid Iran conflict

Record-High US Fuel Exports Are Straining Domestic Stockpiles

Unprecedented overseas demand for US diesel, propane and other fuels is straining commercial reserves from the Gulf Coast to the Eastern Seaboard as the US-Iran conflict reintensifies, pushing energy prices higher.

Peter Zeihan: U.S. Oil Export Restrictions Coming Soon

Summary Zeihan argues that with 1 to 1.3 billion barrels of crude never produced and delivered as of the third week of June, draining global inventories to record lows, the US government under a populist like Trump will absolutely restrict energy exports to keep domestic prices down, even though every available option carries severe side...

Overseas demand strains U.S. fuel reserves amid Iran conflict

Unprecedented overseas demand for U.S. diesel, propane and other fuels is straining commercial reserves from the Gulf Coast to the Eastern Seaboard.

EIA: US exports of crude oil and petroleum products reached record in April

US petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for US exports, the US EIA has reported.