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US Gulf Coast Product Exports Rise

OIL PRODUCTS

Gasoline and diesel loadings from US Gulf Coast surged to 1.88mbpd so far this month and on track to break records since Jan16 according to Vortexa.

  • Exports are predicted to be 27% higher than 2019. Most fuel exports are headed to Latin America, in particular to Brazil and Mexico. Brazil are replacing lost European supply with US barrels.
  • EIA weekly petroleum data shows total US finished gasoline exports at 0.93mbpd with distillate exports at 1.38mbpd both at the top end of the 5-year range.

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Gasoline and diesel loadings from US Gulf Coast surged to 1.88mbpd so far this month and on track to break records since Jan16 according to Vortexa.

  • Exports are predicted to be 27% higher than 2019. Most fuel exports are headed to Latin America, in particular to Brazil and Mexico. Brazil are replacing lost European supply with US barrels.
  • EIA weekly petroleum data shows total US finished gasoline exports at 0.93mbpd with distillate exports at 1.38mbpd both at the top end of the 5-year range.