The U.S. became a net oil exporter in recent months, having exported 772,000 bpd on a net basis in November 2019. – However, most regions outside of the Gulf Coast are still large net importers. – Excluding petroleum products, such as gasoline and diesel, the U.S. as a whole is still a large crude oil importer, having imported 5.8 mb/d of oil in November and only exporting 3 mb/d. Market Movers – Diamond Offshore Drilling (NYSE: DO) fell nearly 10 percent, dropping to all-time lows after the company‚Äôs CFO said it would probably be cash flow negative this year. – Four LNG terminals in Texas received approvals from the U.S. Department of Energy, including Exelon’s (NASDAQ: EXC) proposed Annova LNG, NextDecade’s (NASDAQ: NEXT) Rio Grande LNG, Texas LNG and an expansion project […]