According to CNBC, U.S. crude oil exports rose to 5.2 million barrels per day in April, up over 30% from 3.9 million barrels in February. The export volume reached its highest level since April 2016, according to data from Kpler.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran fired 15 missiles at the UAE, and the U.S. military sank 6 speedboats: first fighting after the Hormuz 4/8 ceasefire
On May 4, Iran fired 15 missiles and 4 drones at the UAE. The UAE air defenses intercepted them, and the Fujairah oil zone caught fire. Iran also targeted a UAE-affiliated tanker and a South Korean merchant ship; neither sank, but both had engine-room fires. U.S. forces used Apache and SH-60 aircraft to sink 6 Iranian speedboats and intercepted drones. This was the first direct clash since the 4/8 ceasefire, as both sides compete over the narrative of Hormuz and control. Oil prices are fluctuating, and OPEC+’s response is under observation.
ChainNewsAbmedia2h ago
Middle East tensions escalated, US stocks pulled back from their highs, and Bitcoin held steady around $80,000.
Middle East tensions escalated, pushing up oil prices, and US stocks pulled back from their recent highs; Bitcoin broke above $80k yesterday, topping out at $80,776. Open interest for Deribit’s $80k call options rose notably, indicating capital betting on price gains within the month. Spot ETFs saw net inflows of $630 million this week. The market remains optimistic about progress on stablecoin yield-related terms, along with developments tied to the CLARITY Act.
ChainNewsAbmedia2h ago
Asian Stock Futures Set to Fall Tuesday as Oil Surge Fuels Strait of Hormuz Concerns
Asian equity-index futures in Australia, South Korea, and Hong Kong are set to fall Tuesday, May 5, as surging oil prices weigh on US equities and bonds. Escalating tensions around the Strait of Hormuz have raised concerns about elevated energy costs. Japan's futures signaled a modest gain, while US
GateNews10h ago
Broadridge Completes CQG Acquisition to Add Futures and Options Trading Infrastructure
Broadridge has completed its acquisition of CQG, integrating futures and options execution, market connectivity, and analytics capabilities into its platform. The combined infrastructure allows institutional clients, brokers, and derivatives traders to access execution management, order routing, and
GateNews11h ago
Bitcoin Reverses From $80,594 High to $79,000 After Iran Missile Report; Oil Spikes 5%
According to Iran's Fars news agency, two missiles hit a U.S. warship today, triggering a sharp reversal in Bitcoin from its $80,594 high to around $79,000. Oil prices surged 5% on the report before the U.S. denied the claim. Ethereum, Solana, and Dogecoin declined sharply alongside the broader mark
GateNews13h ago
UAE Oil Tanker Struck by Two Iranian Drones in Strait of Hormuz on May 4
According to the UAE Ministry of Foreign Affairs, a tanker operated by the Abu Dhabi National Oil Company was struck by two Iranian drones while transiting the Strait of Hormuz on May 4. The ministry reported no casualties from the attack and strongly condemned the incident, calling on Iran to
GateNews14h ago
