OPEC Exports to USA, March 2019

Published 2019-04-14 22:20:15 UTC in Crude Oil Exports Report.

For those of you who are unaware, we have made it part of our schedule to publish a new report on the 15th day of each month, showing how many barrels were shipped daily by OPEC nations (we track) to the United States of America. Saudi Arabia began much lower than this and we discovered that they changed their destinations much later into the trip to the US from other actual destinations, and not just transit points.

All numbers are stated in barrels per day.

Export Country March 2019 February 2019 January 2019 December 2018
Gabon 0 0 0 0
Iraq 221,357 261,489 225,181 524,481
Southern Iraq 221,357 261,489 225,181 524,481
Northern Iraq 0 0 0 0
Kuwait 63,960 107,876 0 66,161
Libya 31,615 22,162 0 16,686
Nigeria 27,935 31,197 0 56,329
Saudi Arabia 484,062 479,078 607,140 648,929
Venezuela 0 0 246,794 447,905
Totals 828,929 901,802 1,079,115 1,760,491

If we look at the recent 4-week moving average (as posted by the EIA), it is good to point out that shipments from Saudi Arabia, Iraq and Kuwait take 5-6 weeks to reach the US. Now that we're in mid-April, it means that late January and early February exports are arriving.


Note: This entry is public and can be shared with the world. People do not need to be subscribed to read this particular entry.