Oil markets have been relatively quiet this week, with muted trading in both Europe and the Americas ahead of Christmas. - For the first time since World War II, the United States might become a net exporter of crude next year as increasing domestic output will push even more oil toward the country’s terminals.
- Back in 2015, U.S. net imports stood at an average rate of 7 million b/d. In November, that figure shrunk to just a little above 1 million b/d amidst increasing exports. - The US Energy Information Administration expects…Oil Markets Cool Down Ahead Of Christmas
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