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Title : US Imported Oil From Sauid Arabia -- Latest Data Just Posted -- January, 2019, Data
link : US Imported Oil From Sauid Arabia -- Latest Data Just Posted -- January, 2019, Data

US Imported Oil From Sauid Arabia -- Latest Data Just Posted -- January, 2019, Data

We keep hearing that Saudi Arabia continues to ship less oil to the US, resulting in higher gasoline prices (since oil itself hasn't inflated a whole lot), and irritating President Trump.

The most recent figures have just been released. The data lags by two months. So, as of the first of April we have the January, 2019, data.

The US actually imported slightly more oil from Saudi Arabia in January, 2019, compared to one year earlier, January, 2018: 711,000 bopd vs 710,000 bod.

It's hard to believe that "we" will see numbers too much lower. And to think, at around 500,000 bopd had President Obama not killed the Keystone XL the "Saudi Arabia shortfall" would have easily been made up by Canada.

From the EIA, most recent data, US imported crude oil from Saudi Arabia, in thousands of bbls daily:

https://ift.tt/2dZyQXu

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