US energy firms set record for petroleum product exports

Investing.com -- US energy companies exported 8.73 million barrels per day of total petroleum products in the week ended July 3, according to the Energy Information Administration's weekly Petroleum Status Report released Wednesday.

The figure surpassed the previous weekly record of 8.22 million barrels per day set in early May, the EIA reported.

US crude stocks, including the Strategic Petroleum Reserve, dropped to their lowest level since May 1984 during the latest week, the agency said.

East Coast distillate stocks fell to their lowest level since May 2022 in the latest week, according to the EIA.

Weekly field production increased to its highest level since reaching a record in November 2025, the EIA added.

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