CRUDE OIL UPDATE: March 2011 oil Import Highlights: Released May 27, 2011

Posted: June 5, 2011 by The STR in OIL FILES, OPEC Files, Political NEWS & VEIWS, The ISSUES
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Monthly data on the origins of crude oil imports in March 2011 has been released and it shows that three countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 69 percent of United States crude oil imports in March while the top ten sources accounted for approximately 87 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for March were Canada (2,151 thousand barrels per day), Mexico (1,186 thousand barrels per day), Saudi Arabia (1,107 thousand barrels per day), Venezuela (957 thousand barrels per day), and Nigeria (840 thousand barrels per day). The rest of the top ten sources, in order, were Iraq (382 thousand barrels per day), Colombia (363 thousand barrels per day), Russia (314 thousand barrels per day), Algeria (268 thousand barrels per day), and Angola (261 thousand barrels per day). Total crude oil imports averaged 9,033 thousand barrels per day in March, which is an increase of 1,020 thousand barrels per day from February 2011.

Canada remained the largest exporter of total petroleum in March, exporting 2,666 thousand barrels per day to the United States, which is a decrease from last month (2,831 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1,319 thousand barrels per day.

SOURCE: THE DAMN US GOVERNMENT IS MY SOURCE….

Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)
Country Mar-11 Feb-11 YTD 2011 Mar-10 YTD 2010

CANADA 2,151 2,193 2,163 2,020 1,934
MEXICO 1,186 998 1,138 1,086 1,040
SAUDI ARABIA 1,107 1,114 1,107 1,149 1,000
VENEZUELA 957 878 930 984 908
NIGERIA 840 948 918 939 945
IRAQ 382 263 375 475 506
COLOMBIA 363 175 284 216 291
RUSSIA 314 97 174 248 199
ALGERIA 268 138 265 276 296
ANGOLA 261 357 302 490 358
KUWAIT 161 118 143 218 169
BRAZIL 158 175 198 299 256
ECUADOR 142 242 186 183 182
NORWAY 100 21 41 5 9
UNITED KINGDOM 88 0 42 142 177
Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)
Country Mar-11 Feb-11 YTD 2011 Mar-10 YTD 2010

CANADA 2,666 2,831 2,773 2,517 2,535
MEXICO 1,319 1,104 1,269 1,265 1,178
SAUDI ARABIA 1,108 1,114 1,108 1,149 1,007
VENEZUELA 1,067 989 1,030 1,061 993
NIGERIA 913 978 966 962 970
RUSSIA 690 437 556 488 459
ALGERIA 500 394 489 455 472
COLOMBIA 399 211 318 251 318
IRAQ 382 263 375 475 506
ANGOLA 280 370 320 502 371
UNITED KINGDOM 197 110 155 267 318
BRAZIL 161 177 205 302 296
KUWAIT 161 118 143 218 173
NORWAY 156 69 104 59 94
VIRGIN ISLANDS 149 182 203 228 243
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