US may become net exporter of crude oil – Reuters ...News

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US may become net exporter of crude oil – Reuters
The nation’s exports could exceed its imports next year for the first time since World War II, according to the outlet Sales of US crude oil to other nations have reached a record 3.4 million barrels per day (bpd), with the country expected to become a net exporter of crude oil in 2023, Reuters reported on Monday. Exports of refined products, such as gasoline and diesel fuel, stood at about 3 million bpd, according to the report, citing official data. The US is also the leading exporter of liquefied natural gas (LNG), a segment that is expected to see growth soar in the coming years, Reuters said. The US consumes

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