Data from RBN’s latest Crude Voyager report shows that nearly 4 MMb/d of crude oil were exported from U.S. Gulf Coast terminals in November, similar to the volumes loaded in October. Corpus Christi- and Louisiana-area terminals loaded more cargoes than in October, while volumes from the Houston and Beaumont regions dipped. Year-to-date loadings are now estimated at 3.8 MMb/d, significantly higher than the 3.2 MMb/d noted at the same time last year.
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- 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.
- Analyst Insight
Robust Demand Sets Multiple Records for USGC Crude Oil Exports in October
Data from RBN’s weekly Crude Voyager report shows that crude oil exports from the U.S. Gulf Coast remained high at 4.4 MMb/d for the week ended November 3, only 14 Mb/d below the previous week’s robust levels.
- 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.
