U.S. Gulf Coast crude exports fell to 4.7 MMb/d for the week ending June 12 (far right of chart below), but still remain above the 2026 year-to-date (YTD) average of 4.5 MMb/d. Europe reclaimed its position as the primary destination for U.S.
The monthslong closure of the Strait of Hormuz and the related surge in crude oil exports from the U.S. Gulf Coast has prompted two big questions: (1) how much oil can the region’s marine terminals reliably send out on a sustained basis and (2) does the USGC need more export capacity.
Crude oil exports out of the U.S. Gulf Coast rose sharply for the week ended April 24, jumping to 5.8 MMb/d, the highest weekly volume observed by RBN.
U.S. Gulf Coast crude exports averaged 3.7 MMb/d last week, sliding nearly 350 Mb/d from the prior week and coming in roughly 200 Mb/d below the 2026 YTD average as Winter Storm Fern swept across the Texas coast.
Crude oil exports out of the U.S. Gulf Coast (USGC) averaged 3.6 MMb/d for the month of November, down 580 Mb/d from October and 200 Mb/d below the 2025 year-to-date (YTD) average.
The 35-year dream of widening the Corpus Christi Ship Channel and deepening it to 54 feet from the old 47 feet is at long last a reality. The $625 million project also has spurred marine-terminal owners in Corpus Christi and Ingleside to undertake — or at least consider — major dock and dredging projects that would enable them to make full use of the deeper 30-mile channel. In today’s RBN blog, we discuss the newly completed channel-dredging project, related terminal improvements, and what they all mean for crude oil exporting economics in Corpus Christi.
