Crude oil exports out of the U.S. Gulf Coast (USGC) increased 440 Mb/d to average 4 MMb/d for the week ended January 23, 2026. As mentioned in our Crude Voyager, exports were once again led by the Corpus Christi region, which averaged 2.2 MMb/d and loaded 18 vessels, averaging just above the 4-week moving average.
Gibson’s South Texas Gateway (STG) terminal led the region by volume for the second straight week (yellow dashed oval in chart below), again surpassing Enbridge Ingleside Energy Center (EIEC), marking the first time since 2022 that STG has been the dominant terminal in back-to-back weeks. Exports out of STG increased 13% week-on-week to average just under 1 MMb/d. The terminal loaded seven vessels: five Suezmaxes, one Aframax, and one VLCC.
