In the first 9 months of 2022, US marine crude oil exports grew to 120.1 Mt (excluding cabotage), an increase of +24.2% yoy from 96.7 Mt in the same period of the year 2021 and an all-time record, according to Banchero Costa’s weekly report.
It is quite diversified in terms of shipment destinations, with about 45% going to Asia, 42% to Europe and the rest to the Americas. In the direction of Europe, around 38.3 million tons (32 percent of the total) were shipped from the USA to the…
