Wednesday, 2 October 2019

U.S. crude oil exports continued to grow in the first half of 2019 (10/2/2019)

In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018. Also in the first half of 2019, U.S. crude oil exports set a new record-high monthly average of 3.2 million b/d in June 2019 (Figure 1). The number of U.S. crude oil export destinations also continued to grow, and now exceeds the number of U.S. crude oil import sources. ... More »

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