Overall, U.S. crude exports last week touched a weekly record of 5.1 million barrels per day (bpd), boosted by higher shale production. The U.S. benchmark West Texas Intermediate (WTI) traded at a nearly $9 a barrel discount to global Brent, compared to a $6 discount at the start o...
Because of their different methodologies, Platts Analytics sees US exports rising from about 2.9 million b/d in 2021 to more than 3.04 million b/d in 2022, while Kpler has crude shipments hiking from 2.8 million b/d to 3.05 million b/d, said Matt Smith, Kpler Americas lead oil analyst. ...
Oil and Gas Journal Group Oil and Gas Journal . 2014,第11期 机译:环境影响评估:美国原油出口,再出口攀升 2. US crude build extends as imports surge while exports test nine-week lows: EIA [J] . Chris van Moessner Platts Energy Trader . 2021,第Octa7期 机译:美国原油建设延伸为进口浪涌...
The war in the Middle East is the direct cause of the current surge in US crude oil exports, but over a longer time horizon, US oil exports have generally maintained an upward trend. Since the US lifted a ban on oil exports in 2015, its oil exports have set new records almost every ...
U.S. crude oil stockpiles rose by more than 10 MMbbl last week, the most since March 2021, buoyed by releases from the Strategic Petroleum Reserve (SPR) and as refiners reduced activity. Crude inventories increased by 10.2 MMbbl in the week ended Dec. 9 to 424.1 MMbbl, compared with anal...
1. Exports averaged 2.579 million b/d: EIA, 2. Rare cargo exported from US East Coast: Kpler, 3. Exports to be lower on average in 2021: Platts Analytics. Houston-US crude exports fell over the week ended on April 9, however, despite the decline, the four-week moving average rose to...
America’s total bill for its imported crude oil purchases expanded by an average 25.8% since 2018 and accelerated by 47.8% from 2021 to 2022. On the exports side, the US shipped $117 billion worth of crude petroleum oil in 2022. That dollar amount results from a 143.5% advance compared ...
Well, having France in China’s corner isn’t enough yet. If Saudi Arabia decides to use riyal to settle the Kingdom’s crude oil exports, the death of US dollar as world’s reserve currency will be preordained. Is Saudi happy with the US? Probably not: not when the US abandoned Egyp...
The US is a huge producer of crude oil and petroleum products, with huge refining capacity, huge consumption, a huge petrochemical industry, huge imports, and even bigger exports. The global oil trade is complex and vast, and it solves specific i...
Goods exports increased 2.5% to $172.3 billion, led by a 4.9% surge in shipments of food. Capital goods exports rose 3.6%. There was also a strong increase in exports of industrial supplies, which include crude oil. Motor vehicles and parts exports rose, as did those of consumer and other...