US Crude Oil Exports Hit Record Just Before December 5th Sanctions -- December 6, 2022

December 6, 2022: US exports to Europe, just before sanctions went into effect, link here -- 

• last week, U.S. exports of crude oil and petroleum products hit 11.8 million barrels per day, marking an all-time high.
• the record came just days before the EU embargo on imports of Russian crude oil by sea came into effect.
• seaborne exports of U.S. crude oil exceeded 7.1 million bpd, which also marked an all-time high.