Trisha Curtis, CEO of PetroNerds, emphasized that strong U.S. exports are a reflection of global demand rather than excess supply, stating, “If the US is exporting less crude oil, it’s because the world doesn’t need it. More oil than we think is probably coming out of the Strait of Hormuz and there is some demand destruction from the war taking place outside of the US.” Her comments underscore the view that market fundamentals and shifting global demand—not just U.S. production levels—will determine the next phase of oil price movements.