According to the latest RBN Crude Voyager, 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. All regions, except for the Houston area, loaded more cargoes during the week. The most noticeable increase was from Corpus Christi, which topped its previous high by 271 Mb/d to reach 3 MMb/d, a new weekly record for the region.
Featured Articles
- Analyst Insight
USGC Export Terminals Set Multiple Records with 5.3 MMb/d of Crude Oil
The Crude Voyager Report shows that crude oil exports across the USGC soared last week by 1.7 MMb/d to 5.3 MMb/d for the week ended September 22 — the highest weekly volume on record.
- Analyst Insight
Corpus Christi Loads Second-Highest Crude Weekly Volume at 2.8 MMb/d
The Crude Voyager report shows that crude oil loadings across the U.S. Gulf Coast were estimated at 4.3 MMb/d for the week ended June 23, up 71 Mb/d from the previous week.
- 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.
