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US seaborne crude oil exports up 51% in 2019, says BIMCO

The shipping association said long-haul trips to Asia, with South Korea as the largest regional US crude importer, generate a positive tonne-mile upside for the crude oil tanker market

The US Energy Information Administration forecasts the US will export more crude oil and petroleum products combined than it imports this year, and will be a net exporter until 2050

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