Sunday, August 23, 2026
Petroleum exports from Russia to the U.S. are growing rapidly as the supplier takes advantage of lost deliveries from sanctions-hit Venezuela and supply cuts by OPEC members. - Oil & Gas 360

Three Supertankers Depart Louisiana’s LOOP Deepwater Port Carrying U.S. Crude Oil Abroad

Takeaway: 3 full supertankers can take away about six million barrels of U.S. crude oil production On Monday the U.S.’s first and only deepwater crude oil port announced that it had loaded U.S. crude oil into three supertankers in just the past seven days and sent the cargoes abroad. The offshore oil terminal is called LOOP, which stands for Louisiana