Waterborne crude oil exports from the Trans Mountain Pipeline (TMP) averaged 402 Mb/d in August 2025 (rightmost stacked columns in chart below), a gain of 13 Mb/d versus July and an increase of 77 Mb/d from a year ago based on tanker tracking data compiled by Bloomberg. August’s exports marked the first month-on-month increase after four months of declines from the March 2025 peak of 498 Mb/d. The increase may be a precursor to additional gains in September and October with media stories suggesting that export bookings off TMP have increased for these months in response to favorable pricing opportunities versus other overseas crude streams.
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- Analyst Insight
Waterborne Crude Oil Exports from Trans Mountain Experience Fourth Consecutive Month of Decline
Waterborne crude oil exports from the Trans Mountain Pipeline decreased for a fourth consecutive month in July.
- Analyst Insight
Waterborne Crude Oil Exports from the Trans Mountain Pipeline Decline for Third Consecutive Month
Exports of crude oil by tanker from the Trans Mountain Pipeline fell off for a third consecutive month in June likely reflecting various domestic and international market factors.
- Analyst Insight
Gulf Coast Re-Exports of Canadian Heavy Crude Oil Hold Steady into July
Re-exports of Canadian heavy crude oil from the Gulf Coast held steady in July versus June.
