Trump Meets With Top Officials On Pipeline Expansions

On Monday, U.S. West Texas Intermediate crude futures rose 2.6% to settle at $99.08 per barrel. Meanwhile, the international benchmark Brent crude closed at $99.36 per barrel, up 4.37% on the day, Just the News reported.

Oil market research firm Kpler estimates that U.S

Oil market research firm Kpler estimates that U.S. crude oil exports will reach approximately 5.2 million barrels per day in April, up from about 3.9 million barrels per day in March, according to a report published last week.

Kpler analyst Matt Smith described the surge in inbound vessels as an “armada of tankers heading this way,” reflecting a sharp increase in activity along the U.S. Gulf Coast.