16:28 - 5.05.2026

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May 5, Fineko/abc.az. The United States exported more than 250 million barrels of oil in nine weeks, surpassing Saudi Arabia.

The increase in supplies is linked with restrictions on navigation in the Strait of Hormuz.

ABC.AZ informs that exports are close to the maximum: the real sustainable level is estimated at ~6 million b/d.

Supplies are increasing due to a reduction in reserves (-52 million barrels), while production is barely growing and is already reaching its limit amid market uncertainty.