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Maritime News

Record High Exports Lead to Storage Draws Across the U.S. Gulf Coast

Waterborne crude exports from the U.S. Gulf Coast increased 2.9mn bbls 411000 bpd to 17.7mn bbls 2.53mn bpd for the week ending October 27 the most recent record high in a two month trend of increasing movements according to Genscape. Inventories fell precipitously the same week as shipments moved substantial volumes to foreign shores. 

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