Data from the Crude Voyager report shows that even though weekly crude oil loadings across the U.S. Gulf Coast fell by 400 Mb/d, overall shipments remained over 4.2 MMb/d for the week ended April 28. With this, loadings for most of April averaged 4.4 MMb/d — the highest monthly shipment from the Gulf Coast, up 450 Mb/d from the previous month.
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Robust Demand Sets Multiple Records for USGC Crude Oil Exports in October
One Week - A Record Seven Days for Gulf Coast Crude Exports, and a Lot More
The level of activity at crude oil export terminals from Corpus Christi to the Louisiana Offshore Oil Port (LOOP) is nothing short of extraordinary — a record 4.8 MMb/d was loaded the week ended August 25, according to RBN’s Crude Voyager report, and Houston-area terminals loaded an all-time high of 1.4 MMb/d. But there’s a lot more to the crude exports story. When you live this stuff day-in, day-out, you see subtle changes that often extend into trends and, if you’re lucky, you sometimes get signals that things you’d been predicting are actually happening. In today’s RBN blog, we discuss highlights from the latest Crude Voyager and what the weekly report’s data and analysis reveal about the global oil market.