US crude exports fell by 1.5pc in March with South Korea surpassing India as the top destination. Total domestic crude exports averaged about 2.61mn b/d in March, down from 2.65mn b/d in February, according to trade data released today by the US Census Bureau. The drop in US crude exports in March was surprising, slipping from February levels that were reduced by severe winter weather that disrupted pipeline flows and shut in production for part of the month. South Korea was the top taker of US crude in March, averaging 398,000 b/d. Loadings to India were second with 344,000 b/d. India had been in the top spot the ... (full story)