Crude oil exports from the United States to Europe declined in June, hitting the lowest in two years. This is according to data from Kpler that Reuters cited in a report, also saying that the average daily last month stood at 1.45 million barrels, which was 14% below average daily export levels in May and a 27% decline from June 2023. The report pointed to the narrowing gap between Brent crude and West Texas Intermediate, which makes the latter costlier for buyers. WTI is currently trading at around $83 per barrel, while Brent…
