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(Bloomberg) -- One major beneficiary of sanctions on Russian and Venezuelan oil? US suppliers who’ve muscled their way into markets once dominated by OPEC and its allies. Most Read from BloombergChina Factory Activity Expands for First Time in Six MonthsAT&T Says Data From 73 Million Accounts Leaked on Dark WebUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldBank of Russia Sees No Alternative to Yuan for Its ReservesHedge Funds Bet on Europe in Hunt for Next Leg of Stock RallyUS oi

The United States has achieved a record level of crude oil exports due to high domestic production and strategic placement in global markets, particularly in Europe and Asia.

U.S. crude exports averaged about four million barrels per day so far this year, according to U.S. government data, about 500,000 more than last year’s record

HOUSTON, Dec 18 - Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty... -December 18, 2023 at 05:00 am EST - MarketScreener

Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge…