Crude oil shipments from the United States’ top oil-exporting hub have plunged 35% since the first quarter with more declines expected this summer as the impacts of the coronavirus pandemic continue to ripple throughout the industry. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Activity levels at the Port of Corpus Christi in Texas and throughout much of the Gulf Coast were buoyed for a while by preexisting contracts and hedged oil prices even as crude prices fell to record lows from the collapse in global oil demand. But a lot of those deals are now rolling off, and the stark dip in demand is becoming more clear, said port CEO Sean Strawbridge. “We’ve certainly seen […]