U.S. crude oil exports averaged 3.5 MMb/d last week, dropping by 1.2 MMb/d from the prior week to a rate more in line with the four-week moving average, which is now 3.6 MMb/d, down about 220 Mb/d from the previous week. All ports along the Gulf Coast, from Corpus Christi, TX, to Mobile, AL, experienced some form of closure as Winter Storm Enzo slammed the area on Tuesday and part of Wednesday.
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- Analyst Insight
Weekly U.S. Crude Oil Exports Rebound from Winter Storm Enzo
U.S. crude oil exports averaged 3.8 MMb/d last week, up 324 Mb/d from the prior week, recovering from Winter Storm Enzo, which impacted the Gulf Coast the prior week.
- Analyst Insight
U.S. Crude Oil Exports Edge Above Year-To-Date Levels
Despite the continued challenge to export economics posed by the narrow Brent-WTI spread, U.S. crude oil loadings rose to 4 MMb/d last week, an increase of 689 Mb/d from the previous week.
- Analyst Insight
U.S. Crude Oil Exports Slip, Aframax Rates to Europe Continue to Climb
Gulf Coast crude oil exports fell last week, particularly in Corpus Christi and Houston - read more in today's RBN Analyst Insight.
