Recently released data from the U.S. Census Bureau shows that crude oil exports from the U.S. fell from 4.7 MMb/d in March to 4 MMb/d in April. While shipments to Asia Pacific remained robust at 63 MMbbl, or 2.1 MMb/d, cargoes scheduled for Europe fell sharply to average 45 MMbbl or 1.5 MMb/d, down 0.5 MMb/d from March, mirroring the trend noted in the Crude Voyager report. Shipments to Latin America also fell by more than half to 124 Mb/d in April.
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- Analyst Insight
China Top Importer of U.S. Crude in March: Census Bureau
Recently released data from the U.S. Census Bureau shows that China imported the highest volume of U.S. crude since May 2020 at 30 MMbbl, nearly triple the shipments imported in February.
- Analyst Insight
The Netherlands Top Destination for U.S. Crude Oil in August: U.S. Census Bureau
Even though the Netherlands imported 296 Mb/d less U.S. oil in August than in July, the country remained the top destination for the fourth straight month at 569 Mb/d.
- Analyst Insight
The Netherlands Top Buyer of U.S. Crude Oil in May: U.S. Census Bureau
he Netherlands was the top buyer of U.S. crude for the third straight month as per the recently released data by the U.S. Census Bureau.
