The Crude Voyager report shows that crude oil exports slumped for the third straight week with 3 MMb/d loaded across the U.S. Gulf Coast for the week ended July 14, the lowest in five weeks and down 464 Mb/d from the previous week. All regions except Corpus Christi loaded fewer shipments. The Corpus Christi area, which loaded only 1.9 MMb/d the previous week, increased its loadings by 343 Mb/d to 2.3 MMb/d. Less frenetic loading since the beginning of July resulted in month-to-date shipments from the Gulf Coast falling to 3.5 MMb/d, down 5% from June.
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- Analyst Insight
Gulf Coast Terminals Load Second-Highest Weekly Volume of Crude Oil
Crude oil loadings on the U.S. Gulf Coast increased for the second straight week and were estimated at 4.7 MMb/d for the week ended April 21, up 257 Mb/d from the previous week. This was the second-highest weekly volume loaded in the region and only 4 Mb/d short of the record reported at the beginning of March.
- Analyst Insight
Weekly Gulf Coast Exports Remain at 3.5 MMb/d
Data from the Crude Voyager report shows that loading activity across the U.S. Gulf Coast continued at the same pace as in the previous two weeks as terminals collectively loaded 3.5 MMb/d of crude oil in the week ended September 15, up 29 Mb/d from the week before.
- Blog
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.
