Oil & Gas
Added Aug 26, 2020

Infographic: US Crude Oil Exports Breakdown - August 2020

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US Crude Oil Exports Breakdown - August 2020

Vortexa_USCrude_Infographic_V2

 

Key Takeaways:

  • US crude and condensates exports have slowed slightly so far in August to 2.9mn b/d, down by 9% from the previous month but up 21% year-on-year.
  • US crude in floating storage globally remains elevated at 16 mn bbl, as of 25 August. The 5 mn bbl decrease in floating storage between July and August suggests greater volumes of US crude oil are being consumed in international markets.
  • Asia and Europe represent the largest share of US exports so far in August.

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