Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities. The lack of shipments in February from the Louisiana Offshore Oil Port — for the first time in nearly two years — is a stark contrast from January when the facility sent out a record of nearly 15 million barrels of domestic crude to buyers in China, South Korea and India, data compiled by Bloomberg show. “Demand from Asia, and more specifically China, for U.S. crude has slowed because of high inventories in that region after recent heavy buying,” said Yuntao Liu, a London-based analyst at Energy Aspects Ltd. Purchases were also likely postponed as U.S. shipments in February would reach Chinese buyers […]