Infographic: US Crude Oil Exports Breakdown - August 2020 - Vortexa

Infographic: US Crude Oil Exports Breakdown – August 2020

Crude

Infographic: US Crude Oil Exports Breakdown – August 2020

See our infographic detailing the recent crude oil exports from the US. What are the trends in August?

26 August, 2020

Vortexa Analysts

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.

Vortexa Analysts

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