Without improvements to port facilities, the U.S. crude oil market could find itself increasingly landlocked, a market analyst said. The Organization of Petroleum Exporting Countries in their monthly market report, published last week, said non-OPEC supply in the second half of the year is expected to increase by 2 million barrels per day over last year. Of that, the United States is the main contributor to growth, with an estimated 1.4 million barrels per day. The United States is now an oil exporter, though infrastructure necessary to move the oil to the market can’t keep up with production trends. A report from consultant group IHS Markit found it was the lack of infrastructure, not the lack of spending on exploration and production, that […]