Crude oil loadings across the U.S. Gulf Coast dropped to 3.9 MMb/d last week from 4.2 MMb/d a week earlier, decreasing the four-week moving average (blue line in chart below) slightly to 3.6 MMb/d, which is approximately 0.6 MMb/d lower than March. Last week’s average was 0.3 MMb/d below the average exports in Q1 2024. Exports were up in Houston but down at Beaumont, Louisiana and Corpus Christi.
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- Analyst Insight
Alberto Helps Push U.S. Crude Exports to Lowest Since July 2023
Crude oil loadings across the U.S. Gulf Coast plummeted by 1.4 MMb/d, dropping to 3 MMb/d — the lowest level since mid-July last year.
- Analyst Insight
U.S. Crude Oil Exports Slide, Mixed Short-Term Global Demand Signals
U.S. crude oil loadings dropped to 3.6 MMb/d last week, a decrease of 0.8 MMb/d from the previous week.
- Analyst Insight
U.S. Exports Dip As Fewer VLCCs Enter Gulf Coast for Loading
Crude oil loadings across the U.S. Gulf Coast dropped to 3.7 MMb/d last week from 3.9 MMb/d the previous week, shifting the 4-week moving average to 3.9 MMb/d.
