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2016-08-11 18:45:00

U.S. EXPORTS UP TO 9%

U.S. EXPORTS UP TO 9%

According to EIA, In the first five months of 2016, U.S. crude oil exports averaged 501,000 barrels per day (b/d), 43,000 b/d (9%) more than the full-year 2015 average. This rate of growth is significantly slower than before the restrictions were lifted, when year-over-year growth from 2012 to 2013 was 100%, and then 162% from 2013 to 2014 (Figure 1). However, after the lifting of restrictions, the number and variety of destinations for U.S. crude oil exports has changed. So far in 2016, crude oil was exported to 16 different nations, six more than 2015 and double the number of destinations in 2014.

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Tags: USA, OIL, EXPORTS
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U.S. EXPORTS UP TO 9% February, 18, 12:25:00

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U.S. EXPORTS UP TO 9%
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U.S. EXPORTS UP TO 9%
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