Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2017-06-28 15:10:00

DOUBLE U.S. OIL EXPORTS

DOUBLE U.S. OIL EXPORTS

U.S. PETROLEUM EXPORTS 2010 - 2017

EIAU.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million b/d in 2016. Exports of distillate, gasoline, propane, and crude oil have all increased, but at different paces and for different reasons.

Restrictions on exporting domestically produced crude oil were lifted in December 2015, and in 2016, the United States exported an average of 520,000 b/d. U.S. crude oil exports reached 1.1 million b/d in February 2017, the highest monthly level on record. While Canada remains the largest destination for U.S. crude oil exports, Canada's share of total U.S. crude oil exports has declined, dropping from 92% in 2015 (427,000 b/d) to 58% in 2016 (301,000 b/d). Other leading destinations for U.S. crude oil exports in 2016 included the Netherlands, Curacao, China, Italy, and the United Kingdom.

U.S. OIL EXPORTS 2000 - 2016

Beyond the lifting of crude oil export restrictions, other factors such as favorable price differentials, lower shipping costs, and rising domestic production have increased U.S. crude oil exports. U.S. production fell through the first nine months of 2016, but increased at the end of 2016 and has continued to increase through the first five months of 2017. U.S. crude oil exports in 2016 were 55,000 b/d greater than exports in 2015—a slower rate of growth compared with year-over-year changes in 2015 and 2014.

U.S. DISTILLATE EXPORTS 2000 - 2016

U.S. exports of distillate also experienced slower year-over-year growth compared with recent years. In 2016, the United States exported 1.2 million b/d of distillate, the country's largest petroleum product export. Between 2010 and 2016, U.S. exports of distillate grew by 81% (534,000 b/d), but most of this growth occurred between 2011 and 2013. The largest destination for U.S. distillate exports in 2016 was Mexico, averaging 182,000 b/d, followed by Brazil (125,000 b/d) and the Netherlands (108,000 b/d).

U.S. MOTOR GASOLINE EXPORTS 2000 - 2016

U.S. exports of total motor gasoline have more than doubled since 2010, growing from 335,000 b/d in 2010 to 761,000 b/d in 2016. The growth in gasoline exports took place while domestic consumption, as measured by product supplied, was also increasing. Mexico is the top destination for U.S. motor gasoline exports, and the volume of gasoline trade is significant to U.S. refineries. Over the past five years, U.S. exports to Mexico accounted for between 44% and 53% of total U.S. gasoline exports.

Unlike the recently slowing increases in U.S. exports of crude oil, distillate fuel, and motor gasoline, propane export growth has accelerated. Propane exports are shipped to different destinations than other U.S. petroleum exports. Most other U.S. petroleum exports stay in the Western Hemisphere, but the top destinations for U.S. propane exports are Asian countries such as Japan and China. Propane has many non-transportation sector end uses, including as a fuel for heaters and cookstoves and as a feedstock for petrochemical industry.

-----

Earlier: 

U.S. OIL DEMAND UP 4.9% 

U.S. RENEWABLE ENERGY 

U.S. RIGS UP 8 TO 941 

U.S. OIL GAS PRODUCTION WILL UP ANEW 

U.S.: THE TOP PRODUCER 

2018 U.S. OIL PRODUCTION: 10 MBD 

U.S. OIL INVENTORIES DOWN

 

 

Tags: GAS, PRICE,

Chronicle:

DOUBLE U.S. OIL EXPORTS
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

DOUBLE U.S. OIL EXPORTS
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

DOUBLE U.S. OIL EXPORTS
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

DOUBLE U.S. OIL EXPORTS
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

All Publications »