US crude exports on the rise

According to the EIA (Energy Information Administration), crude oil and petroleum exports in the US have reached record levels in the first half of 2017. The US exported crude oil to 26 countries in the first half of 2017 compared with 17 countries in the first half of 2016.

Canada remained the largest recipient of US crude oil exports at 248,000 bpd in the first half of 2017. China increased its crude oil imports from the US by 154,000 bpd and became the second-largest importer of US crude oil. Distillate exports in the first half of 2017 were 14% higher than in the first half of 2016, with exports to South and Central America accounting for most of this growth. 

In the first half of 2017, despite consistently strong domestic demand, US exports of total motor gasoline averaged a record high of 756,000 bpd, a 3% increase from the first half of 2016. High levels of domestic production of gasoline contributed to this record-high export level.
Previous articleMatco-Norca expands 759 Ball Valve product line
Next articleGE announces new deal with Microsoft
Heat Exchanger World Publisher
Heat Exchanger World is a leading international magazine covering all aspects of the product supply chain of heat exchangers. Heat Exchanger World is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.