Crude oil flows from the Permian Basin to the U.S. Gulf Coast (USGC) dipped in April for the second consecutive month, decreasing to 5.4 MMb/d. Despite the decline, April’s volumes remain 2% higher than the average for 2023. While flows to Houston were down, Beaumont and Corpus Christi both saw month-on-month increases.
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- Analyst Insight
Despite a Dip, March Ranks as Third-Highest for Permian-to-Gulf Coast Oil Flows
Crude oil flows from the Permian Basin to the U.S. Gulf Coast 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.
- 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.
- Analyst Insight
Permian-to-Houston Crude Oil Flows Rebounded in July Following Wink to Webster Maintenance
Permian Basin crude oil flows to Houston showed signs of recovery in July 2024, rebounding from the sharp decline in June that marked the lowest volumes since September 2023, according to the latest monthly data from the Texas Railroad Commission.
