Rare U.S. Oil Shipment to South Africa

REUTERS/Arathy Somasekhar

Rare Shipment Of U.S. Oil Heads To South Africa, mentions a GCaptain news source.

A shipment of U.S. oil is headed to South Africa

A shipment of U.S. oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it in 2020, according to ship tracking data and a source.

U.S. oil exports this year hit a record 4.5 million barrels per day as competitive pricing...

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