Market Report Sneak Peak

Exports edged higher last week, maintaining momentum near recent highs. Corpus Christi led gains, reinforcing its position as the dominant hub, while Beaumont provided incremental support. In contrast, Houston and Louisiana posted declines, highlighting the volatility of weekly flows. Notably, Houston’s volumes remain structurally above its year-to-date trend, signaling sustained export strength, whereas Louisiana lags slightly behind. VLCC loadings held steady with the year-to-date pace, reflecting stable long-haul demand. Destinations spanned Asia, Europe, and Africa, with a balanced distribution across markets. The uptick in VLCC arrivals at the Gulf Coast suggests forward momentum and points to potential upside in loadings in the near term, aligning with stronger global import demand patterns.