Crude Oil Import Data For May, 2016, Has Been Posted -- August 3, 2016

Most recent data for Saudi crude oil imports into US have been posted. May, 2016, data now available.

Likewise, data for US crude oil imports from all sources for May, 2016, have also been posted. It looks like OPEC imports increased about 11% month-over-month, May-over-April, 2016. But look at the huge increase year-over-year, same month, for OPEC:

• May, 2015: 96,867,000 bbls/month (96.9 million bbls / month = about 3 million bbls/day)
• May, 2016: 112,899,000 bbls/month (112.9 million bbls/month = about 3.6 million bbls/day)

From all countries, the US imported:

• May, 2015: 293,569,000 = about 9.5 million bbls/day
• May, 2016: 315,660,000 = about 10 million bbls/day

By far, Iraq showed the largest percentage increase month-over month, going from around 10 million to 17 million bbls per month.

Is anyone curious about Canada, following the wildfires? Canada has bounced back nicely, increasing significantly month-over-month. Year-over-year (May, 2015, vs May, 2016)? Almost identical and both years about 10% greater than in 2014.