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US crude exports continue to seesaw as flows to South Korea jump


Houston
Average US crude exports for the week-ended May 14 rebounded from a multiyear low the week prior amid a jump in flows to South Korea, according to data from the US Energy Information Administration and Kpler, a data intelligence company.
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US crude exports averaged 3.306 million b/d over the week ended on May 14, up 1.51 million b/d from the more than two-year-low the week prior, EIA data showed. The four-week moving average was at 2.941 million b/d, up just 189,000 b/d from the four-week period ended on May 7, according to EIA data. ....

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