Crude oil flows from the Permian Basin to the U.S. Gulf Coast (USGC) dipped in March, decreasing to 5.54 MMb/d. Despite this decline, March still ranks as the third highest monthly flows to the USGC, approximately 95 Mb/d below both December 2023 and February 2024. Flows to Houston (blue section of graphic below) and Corpus Christi (aqua section) were both down, while Nederland/Beaumont (orange section) saw a month-on-month increase.
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- Analyst Insight
Permian-to-Gulf Coast Oil Flows Rebound in February to Second-Highest Month
Crude oil flows from the Permian Basin to the U.S. Gulf Coast rebounded in February, reaching 5.64 MMb/d, following a cold snap in January.
- Analyst Insight
Houston Takes the Hit as Permian Crude Flows to Gulf Coast Decline
Crude oil flows from the Permian Basin to the U.S. Gulf Coast dipped in April for the second consecutive month, decreasing to 5.4 MMb/d.
- Analyst Insight
Permian Crude Flows to The Gulf Coast Rebound to Highest Monthly Figure on Record
Crude oil flows from the Permian Basin to the U.S. Gulf Coast rebounded in May, reaching the highest monthly figure on record after two consecutive months of decline.
