U.S. Oil Exports Set to Hit Record High

The United States is set to export a record-breaking 5.44 million barrels of crude daily this month, data from Kpler cited by Reuters’ Clyde Russell has shown. In May, U.S. oil exports are set for further growth, to 5.48 million barrels daily. Most of the tankers are heading to Asia, Russell reported, which has felt the pinch from Gulf exports disruption the sharpest. According to the Kpler data, U.S. exporters are shipping 2.27 million barrels daily to Asia this month, rising to 3.29 million barrels daily in May. The figures for April and…