US LPG exports hit record high in April on curtailed Hormuz Strait traffic: CAS

US LPG exports climbed to a record high of 3.3 million barrels/day in April, led by propane, as the continued effective closure of the Strait of Hormuz has boosted demand for US barrels, S&P Global Commodities at Sea data showed on May 5. China and Japan were the single largest buyers of US LPG in April — the US exported 457,000 b/d of LPG to China and 460,000 b/d to Japan. The growing interestUS LPG exports climbed to a record high of 3.3 million barrels/day in April, led by propane, as the continued effective closure of the Strait of Hormuz has boosted demand for US barrels, S&P Global Commodities at Sea data showed on May 5. China and Japan were the single largest buyers of US LPG in April — the US exported 457,000 b/d of LPG to China and 460,000 b/d to Japan. The growing interestRead More