Gulf Coast Re-Exports of Canadian Heavy Crude Oil Fall to Eight-Month Low in May

Re-exports of Canadian heavy crude oil are estimated to have been 35 Mb/d in May 2025 (rightmost stacked columns in chart below), a drop of 121 Mb/d from April, 64 Mb/d less than a year ago, and an eight-month low based on tanker data compiled by Bloomberg and historical export data released by t