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Listen "Things Have Changed - Rebound in U.S. Crude Exports Driven By Shifts in Production, Imports, Refinery Runs"
Episode Synopsis
After setting an annual record of 4.1 MMb/d in 2024, U.S. crude exports started off this year relatively strong, but cracks soon began to show, with volumes falling all the way to 3.2 MMb/d in July, one of the weakest months since 2023. But just when it seemed the momentum was gone, Gulf Coast exports rebounded to near 3.9 MMb/d in August and are topping 4.1 MMb/d so far in September. In today’s RBN blog, we look at how shifts in production, imports and refinery runs have impacted U.S. crude exports.
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