THE United States earned $8.28 billion from oil exports and $6.84 billion from refined product exports during the two months of the Middle East conflict, according to Sputnik calculations based on US Customs data.
US oil exports rose to $10.71 billion (125.3 million barrels) in March and reached an all-time high of $17.15 billion (167.8 million barrels) in April.
The value of supplies grew more sharply than volumes: in March, it increased by 35 per cent compared to February, and in April by 60 per cent compared to March. Export volumes rose by three per cent month-onmonth in March and by one-third in April.
Before the conflict, the average monthly price per barrel of US crude was $66.8. In March, it rose to $85.5 (up $18.7), and in April to $102.2 (up $35.4). — SPUTNIK
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