Oil pressured by high US crude exports; drop in crude stocks prevent bigger fall

U.S. crude exports jumped to just above 2 million barrels per day (bpd) last week, EIA data showed, close to a record high of 2.1 million hit in October. That helped pull down net imports to below 5 million bpd, the lowest level since the EIA started recording the data in 2001. U.S. crude oil production was …

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