Preliminary data for November showed a rise in US crude oil imports to average 7.3 mb/d, up by 30 tb/d from the previous month, while still reflecting a drop from one year ago by 85 tb/d or 1%. On a year-to-date basis, US crude imports in November were down by 356 tb/d.
US monthly product imports were higher in November by 96 tb/d or 6% to average 1.6 mb/d, while in a year-to-date comparison, they declined by 17%. Total US product exports in November were at 3.5 mb/d, down by 72 tb/d from one month earlier. In an annual comparison, the figures reflect a drop of 208 tb/d or 6%. As a result, total net US imports were higher than the previous month to average 5.1 mb/d. However, this still reflects a drop of 344 tb/d from one year earlier.
In September, the first and second top crude suppliers to the US maintained the same order as seen one month earlier, with Canada remaining the premier supplier, accounting for 42% of total imports, with monthly volumes increasing by 173 tb/d from one month earlier. Saudi Arabia maintained its position as second-largest supplier to the US in September, with exports up from the previous month by 110 tb/d or 12%. Mexico was third-top supplier, accounting for 11% of total US crude imports, with exports higher over the previous month by 82 tb/d or 11%.
Crude imports from OPEC Member Countries declined in September from the previous month by 98 tb/d or 3%, accounting for 38% of total US crude imports. US product imports from OPEC Member Countries in September were up by 41 tb/d or 15% from one month earlier and 85 tb/d from the same month one year ago. Canada and Russia maintained their positions as first and second product suppliers to the US, accounting for 25% and 15%, respectively, though both countries exported less to the US in September, down by 14% and 34%, respectively. Algeria came in as the third Looking into US crude imports by region, September imports from North America averaged 3.1 mb/d, exceeding imports from both Latin America and the Middle East, which came in as second- and third-highest importing regions to stand at 2.3 mb/d and 1.6 mb/d, respectively. Imports from North America were higher than the same month a year earlier, while imports from Latin America declined in both monthly and annual comparisons.
By PADD: the top crude importer to the East Coast (PADD 1) at 283 tb/d was North America, followed by Africa, which averaged 238 tb/d. Crude imports from Africa were higher in September by 109 tb/d or 84% m-o-m, while they dropped from North America by a slight 4 tb/d. Imports to PADD 2 were mainly sourced from North America and averaged 2.1 mb/d, up by 143 tb/d from one month before, while the Middle East supplied only 20 tb/d in September. PADD 3 mainly sourced its imports from Latin America, followed by the Middle East and North America. Imports to the region were down from one month earlier, mainly from top importers, while marginal gains were made by other regions. PADD 4 continued to import only from North America, averaging 282 tb/d in September, up by 23 tb/d from the previous month. In PADD 5, imports to the supplier to the US, increasing its exports by 48 tb/d or 35% over the previous month. West Coast increased from Latin America and the Middle East by 101 tb/d and 13 tb/d, respectively, from one month earlier, while declining by 33 tb/d from Africa.