- Analyst Insight

High Texas-Louisiana Co-Loadings Support Another Week of 5+ MMb/d Exports

Crude exports out of the Gulf Coast averaged 5.1 MMb/d (far right of chart below) for the week ended June 5. As discussed in our Crude Voyager Report, Louisiana posted its strongest week since August 2023, averaging 864 Mb/d of exports. The increase was driven by elevated activity at the Louisiana Offshore Oil Port (LOOP), which loaded its highest weekly volume since November 2024.

- Analyst Insight

Seaway Freeport Crude Oil Exports Reach Multi-Year High as SPR Draws Accelerate

As discussed in the Crude Voyager Report for the week ended May 29, exports out of the U.S. Gulf Coast (USGC) averaged 5.4 MMb/d, with strength seen across a number of terminals. In the Houston region, the Seaway Freeport Terminal recorded export activity for the seventh consecutive week. While only one Aframax cargo was seen, the terminal's seven-week streak represents its longest period of uninterrupted export activity since 2023, signaling a notable increase in utilization compared with the sporadic loadings observed in recent years.