Total U.S. Crude Oil Imports Decline 4% from 2010

According to the EIA, U.S. imports of crude oil from OPEC nations have been consistently decreasing since 2013. On the other hand, non-OPEC imports have been consistently increasing, driven primarily by Canadian flows. Total imports per day in 2016 currently stand roughly even with 2010 levels at 7,151 Mboe/d, a 4% decrease.

 

OPEC Chart of the Week

 

Most of the OPEC decline has been driven by a 240% decrease in imports from African OPEC members Nigeria and Angola, which previously supplied the majority of the OPEC oil imported to the U.S.

 

OPEC Import Chart

 

Non-OPEC imports from Canada have increased 63% since 2010, while imports from Mexico have fallen by over half.

 

Non-OPEC Import Chart


Legal Notice