The Crude Voyager Report shows that crude oil exports across the USGC soared by 1.7 MMb/d to 5.3 MMb/d for the week ended September 22 — the highest weekly volume on record. Most of the incremental barrels were noted from the Corpus Christi region, which loaded a record 3.4 MMb/d, up 1.5 MMb/d from the previous week and 514 Mb/d higher than the previous record set five months earlier. The Houston region loaded near-record volumes at 1.3 MMb/d, up 521 Mb/d from the previous week. Shipments from the Beaumont region rose by 93 Mb/d to 279 Mb/d, while cargoes from the Louisiana area fell by 379 Mb/d to 279 Mb/d. With these cargoes, month-to-date loadings for September are estimated at 4.1 MMb/d, with Corpus Christi accounting for 62% of the total. The year-to-date volumes are estimated over 3.7 MMb/d, up from 3.1 MMb/d noted at the same time last year.
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- Analyst Insight
USGC Terminals Export 4.1 MMb/d; Beaumont Bucks the Trend with a 421 Mb/d Increase in Crude Loadings
Data from RBN’s weekly Crude Voyager report shows that the U.S. Gulf Coast crude terminals collectively loaded 4.1 MMb/d of oil for export in the week ended December 22.
- Analyst Insight
Gulf Coast Terminals Load Second-Highest Weekly Volume of Crude Oil
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.
- Analyst Insight
U.S. Gulf Coast Crude Oil Exports On Track to Reach New Highs in 2023
Crude oil exports from the U.S. Gulf Coast terminals are estimated at 3.8 MMb/d for the year so far, up 600 Mb/d from the same time last year, as per the data from RBN’s Crude Voyager report.
