Saudi Arabia maintained crude oil shipments to the United States in June near their highest level since 2008, data showed, despite a serious glitch that has crippled its newly expanded joint-venture refinery in Texas.
In the four weeks to June 29, the United States imported an estimated 1.44 million barrels per day (bpd) of Saudi crude, according to calculations based on preliminary Energy Information Administration (EIA) data. That was steady with the 1.45 million bpd imported in the first four months of the year.
The data runs counter to expectations that the one-third surge in Saudi shipments to the United States this year would abruptly slow after Motiva Enterprises shut its new crude unit (CDU) at the Port Arthur, Texas, refinery for up to a year after an apparent chemical leak corroded key pipes.
No comments:
Post a Comment