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US Energy Liftings Rise: Vortexa

ENERGY

US lifting of total energy products by product group - Vortexa:

  • US total energy liftings surged 36% from Jan-May 2019 to Jan-May 2022, making it the only major energy exporting region to lift significantly higher volumes compared to pre-Covid times.
  • Low-cost refining inputs, drained domestic inventories, high demand in domestic and export markets have all worked to incentivize the US energy complex to increase crude and refined products supply.

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