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U.S. Crude Exports Reach All-Time High

By Stephen Cunningham (Bloomberg) — Booming U.S. shale production is fueling record crude exports, with shipments reaching an all-time high of 1.76 million barrels a day in April. That’s up from 1.67 million in March, according to U.S. Census Bureau data released on Wednesday. Total exports reached 52.7 million barrels for the month. “Given that […]

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