Daily Energy Report
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Daily Energy Report
US exports at record high, Russian crude benchmark and more
CHART OF THE DAY: US Weekly Crude Exports Increased to Highest on Record
Figure (1)
US Crude Oil Exports
Source: Bruegel 2023 and EOA, 2023
Commentary
Today’s chart is all about the incredible story of the US shale revolution and its far-reaching economic and political impact. No one could have imagined this happening a few years ago.