EIA: Weekly Crude Exports Fell to The Lowest Level Since January

According to data from the US Energy Information Administration, weekly US crude oil exports fell by 1.2 million barrels per day to about 2.3 million barrels per day last week, the largest drop since January, as Hurricane Zita disrupted flows.

Meanwhile, distillate stocks in the Gulf of Mexico in the United States fell by 3.1 million barrels to 48.3 million barrels, the lowest level since April.