Subscribe to our Mailing Lists (It's free!)
Tuesday, July 15, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    2024 IMO Bravery Awards honor tanker and tugboat crews for heroic acts

    Officer to receive IMO bravery award for saving 12 crew members

    Panama

    BMA: Sanctions imposed against Russia

    Work,Safety,Concept.,Wooden,Cube,Blocks,With,Icon,Of,Safety

    DNV: Key IMO safety developments

    seafarers

    Philippines DMW issues call to protect seafarers from warlike areas

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    ammonia bunkering vessel

    Company orders ammonia bunkering vessel for use in Singapore

    WSC

    WSC proposes alignment of EU ETS with IMO Net Zero Framework

    IMO Council World Maritime Day

    IMO: World Maritime Day two-year theme to take policy to practice

    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    vr training

    Companies team up for virtual reality training to better prepare crew

    digital tools onboard

    Company signs for AI autonomous navigation system for PCTC fleet

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    China

    China lays out vision for smarter and greener shipping

    Sanctions Russia

    EU plans to impose new Russian oil price cap

    EU US

    US plans to hit EU and Mexico with 30% tariff starting August

    Dr. Rosalie Balkin

    Dr. Rosalie Balkin to receive IMO International Maritime Prize

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    2024 IMO Bravery Awards honor tanker and tugboat crews for heroic acts

    Officer to receive IMO bravery award for saving 12 crew members

    Panama

    BMA: Sanctions imposed against Russia

    Work,Safety,Concept.,Wooden,Cube,Blocks,With,Icon,Of,Safety

    DNV: Key IMO safety developments

    seafarers

    Philippines DMW issues call to protect seafarers from warlike areas

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    friendship

    Exploring the human need for friendship: A lifeline at sea and on shore

    neck pain

    Neck pain: A growing health concern for maritime workers

    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    ammonia bunkering vessel

    Company orders ammonia bunkering vessel for use in Singapore

    WSC

    WSC proposes alignment of EU ETS with IMO Net Zero Framework

    IMO Council World Maritime Day

    IMO: World Maritime Day two-year theme to take policy to practice

    BIMCO FuelEU Maritime Regulation

    EU issues low-carbon hydrogen fuel standards

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    vr training

    Companies team up for virtual reality training to better prepare crew

    digital tools onboard

    Company signs for AI autonomous navigation system for PCTC fleet

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    Trafigura, ZeroNorth join forces to advance decarbonization solutions

    floating data centres

    New partnership to develop floating data center on retrofitted vessel

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    AMSA fine

    NorthStandard: Tips to avoid pollution fines in Turkey

    OCIMF

    OCIMF Annual Report 2025: SIRE 2.0 a welcome change for the industry

    USCG

    ABS PSC Report Q1 2025: 526 total vessels detained

    paris mou lists

    Paris MoU 2024 Performance lists

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    China

    China lays out vision for smarter and greener shipping

    Sanctions Russia

    EU plans to impose new Russian oil price cap

    EU US

    US plans to hit EU and Mexico with 30% tariff starting August

    Dr. Rosalie Balkin

    Dr. Rosalie Balkin to receive IMO International Maritime Prize

  • Columns
    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    Career Paths: Syb ten Cate Hoedemaker, Maritime Battery Forum

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    NorthStandard: Data sharing to drive technology and improve crew wellbeing

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    GSR Services: The Hong Kong Convention sets the rules for total ship lifecycle responsibility

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

US exports crude oil in 42 destinations in 2018

by The Editorial Team
April 16, 2019
in Fuels
cargo theft

Credit: Shutterstock

FacebookTwitterEmailLinkedin

According to EIA, in 2018, the US exports of crude oil increased to 2.0 million bpd, and almost doubled  the 1.2 million b/d rate in 2017. Export volumes by destination changed significantly during the year, as U.S. crude oil exports to China fell and exports to other destinations such as South Korea, Taiwan, and Canada increased.

Specifically, the rise in US cruse oil exports was due to the increasing US crude oil production and infrastructure changes.

US crude oil production increased 17% to 10.9 million b/d in 2018, with U.S. Gulf Coast states—the departure point for more than 90% of U.S. crude oil exports—producing 7.1 million b/d.

In the beginning of 2018, the Louisiana Offshore Oil Port (LOOP) in the Gulf of Mexico was modified to enable the loading of vessels for crude oil exports. LOOP is currently the only U.S. facility capable of accommodating fully loaded Very Large Crude Carriers (VLCC), vessels capable of carrying approximately 2 million barrels of crude oil.

RelatedNews

UNCTAD: Global trade endures policy changes and uncertainty

How the US – China tariffs shape the global trade

US exports crude oil in 42 destinations in 2018
Credit: EIA

LOOP was modified to allow exports. Therefore, the rise in cargo scale resulted US crude oil exports to surpass the 2 million bpd for 25 weeks in 2018, in comparison to just 1 week in 2017.

During 2018, Asia was the biggest regional destination for U.S. crude oil exports, followed by Europe, while, as in previous years, Canada was the largest single destination for U.S. crude oil exports. Canada received 378,000 b/d of U.S. crude oil exports, representing 19% of total U.S. crude oil exports in 2018.

South Korea surpassed China to become the second-largest destination for U.S. crude oil exports in 2018, receiving 236,000 b/d compared with China’s 228,000 b/d.

Moreover, in summer 2018, as part of ongoing trade negotiations between the US and China, China temporarily included U.S. crude oil on a list of goods potentially subject to an increase in import tariffs. Around that time, the difference between the international crude oil benchmark Brent and the U.S. domestic price West Texas Intermediate (WTI) futures prices narrowed: Brent prices went from $9 per barrel (b) higher than WTI in June to $6/b higher than WTI in July.

US exports crude oil in 42 destinations in 2018
Credit: EIA

Concluding, the rapidly narrowing price discount of U.S. crude oils versus international crude oils and the potential for higher import tariffs caused China’s imports of U.S. crude oil to slow. As U.S. crude oil exports to China fell, exports to South Korea, Taiwan, Canada, and India increased. Ultimately, the rate of crude oil exports to all destinations in the second half of the year (2.2 million b/d) was higher than in the first half (1.8 million b/d).

US exports crude oil in 42 destinations in 2018US exports crude oil in 42 destinations in 2018
US exports crude oil in 42 destinations in 2018US exports crude oil in 42 destinations in 2018
Tags: EIAexportsUS
Previous Post

Watch: Ship agency improved with digital technologies

Next Post

Day of the Seafarer 2019 to focus on gender equality

SUGGESTED FOR YOU

Venezuela
Shipping

Venezuela stalls oil cargoes after cancellation of export approvals

April 15, 2025
soya beans
Loss Prevention

Britannia Club: Soya beans moisture levels and shipping delays

March 21, 2025
fmc deadline
Shipping

FMC announces deadline for export strategies

January 2, 2025
lng
Fuels

LNG exports grow at the slowest pace since 2015 raising concerns

January 2, 2025
biofuel
Fuels

HD Huyndai Oilbank to supply bio VLSFO to Taiwanese company

December 16, 2024
lng
Fuels

U.S. Department of Energy cannot complete two LNG reviews

December 11, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA