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Friday, October 11, 2019

US Crude Oil Imports -- October 11, 2019

Let's take another look at the EIA weekly petroleum report ending October 4, 2019 (the most recent one) and take a look at imports. Specifically, let's take a look at US imports in million bopd.

Link here. From the EIA weekly petroleum report for the most recent data available --

  • So, most recent data, US imports averaged about 6.2 million bopd.
Historical US crude oil imports.

  • July, 2019: 296,072/31 = 9.6 million bopd
  • June, 2019: 277,155 / 30 = 9.2 million bopd
  • February, 2019: 241,591 / 28 = 8.6 million bopd 
  • last October, 2018: 293,506 / /31 = 9.5 million bopd
From twitter:


It is what it is. I'm not sure why it's "Yikes."

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