CNBC | How soaring US oil exports to China are transforming the global oil game CNBC Bit by bit, the U.S. petroleum industry is turning world oil markets inside out. First, sharp drops in U.S. imports of crude oil eroded the biggest market that producers like OPEC had relied on for many years. Now, surging U.S. exports — largely ... Oil slides towards steep weekly loss as supply fears mount Crude oil slides for 6th day and heads for 7.6% weekly slump Oil dips to near 2-month low on supply concerns |