The US is ramping up oil exports

Happy Friday eve.?Russian oil is on the move, but so is a record amount of American oil — and pressure is mounting on Moscow as the EU gears up for new potential energy sanctions.

Buckle up.?

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1. Russia is racing to sell its crude.?State-run oil producer Rosneft is trying to shed?as much of its oil as possible?before Europe tightens its energy sanctions.

Importantly, the energy producer is offering to make deals for barrels in a?range of currencies, despite Putin's recent call for ruble-only transactions. But the move reveals the pressure Russian exporters could face should Europe choose to implement an oil embargo.

At the same time, the US is coming off an all-time high for weekly oil exports.?Total volume of US oil and petroleum cargoes hit?10.6 million barrels a day?in the week leading up to April 15, new data revealed. Plus, US exports outweighed imports by the?largest-ever margin,?according to Bloomberg.?

The Kremlin is becoming increasingly cut off from global financial markets, and the US is stepping up as a last-ditch energy supplier as other nations slow their uptake of Russian oil.

Already, the US has ceased its own purchases of Russian oil, and a fresh round of European sanctions could spell trouble for Moscow, as an industry watchdog just deemed their latest bond payment a?default signal.

In other news:

2. Goldman Sachs said investors can prepare for positive earnings by buying options for struggling stocks.?The options market, according to Goldman's Vishal Vivek, can help traders secure outsized profits on these?16 dramatically underpriced stocks.

3. Two crypto experts broke down why the SEC is likely to approve a spot bitcoin ETF this year.?If this emerges, it could mean a big boost for the world's largest cryptocurrency. The industry veterans explained?why a race to launch short bitcoin futures ETFs is good for the sector.

4. A fund manager who's beaten 98% of his peers over the last five years warned investors are ill-prepared for a turning point in the market.?The investing landscape is about to change as inflation and high interest rates set in, Michael Cuggino explained.?He shared three stocks that can help buyers thrive in the new environment.

5. Americans continued to quit their jobs in February.?North Carolina and Ohio saw their quit rates increase by the highest margin, with Florida close behind.?Dig into the data with Insider's interactive map.?

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