Subject: Re: De-risk a bit?
HOUSTON, June 11 (Reuters) - The United States has become the world's largest oil exporter
Interesting to me was that there is no mention of how the US became the biggest exporter. If it was due to increased production and lower consumption, I am sure that it would have been mentioned.
Could it be due to selling off the strategic oil reserve in the US and supply constraints on Saudi Arabia due to the Straits of Hormuz???
Not much to celebrate!
Aussi