Strategic oil reserve sales added 600,000 b/d to US supply in 2022. In 2023, US is on track to become an even larger net exporter. China is re-emerging as a large buyer of US oil products. Save for later Print Download Share LinkedIn Twitter The US is poised to achieve the status of a net exporter of fuel in 2022 in part thanks to the sale of close to 220 million barrels of crude oil from the government-controlled strategic petroleum reserve (SPR).