Recently released data from the U.S. Census Bureau shows that crude oil exports remained flat at 3.74 MMb/d in July. Once again, most of the shipments during the month were scheduled for Europe at 2 MMb/d, followed by Asia at 1.3 MMb/d. Europe is the top destination for U.S. oil so far this year at 1.8 MMb/d, followed by Asia at 1.6 MMb/d.
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- Analyst Insight
Exports Rise to 3.74 MMb/d in June, the Netherlands Top Buyer: U.S. Census Bureau
The Netherlands was the top buyer of U.S. crude oil in June for the second straight month.
- Analyst Insight
The Netherlands Emerges as Top Importer of U.S. Crude Oil in October
The Netherlands imported the highest share of U.S. crude oil in October at 856 Mb/d, bringing the year-to-date cargoes to 634 Mb/d, nearly double the volume noted in 2022.
- Analyst Insight
The Netherlands Top Destination for U.S. Crude Oil in August: U.S. Census Bureau
Even though the Netherlands imported 296 Mb/d less U.S. oil in August than in July, the country remained the top destination for the fourth straight month at 569 Mb/d.
