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Financial News - Commodity Market Outlook

Barron's Live

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The US Exports Record Levels of Crude Oil

US exported record amounts of crude oil out of the US last year, and that continued into this year. We're exporting almost 4 million barrels a day because that has to replace Russian crude oil that did not any longer come onto the market. And similarly on natural gas, natural gas is now a product where the US is exporting at maximum capacity into liquefied natural gas.

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