Petroleum & Other Liquids

‹ Company Level Imports

Crude Oil Imports From Persian Gulf

January - June 2014   |  Release Date:  October 8, 2014   |  Next Release Date: February 26, 2015

2014 Crude Oil Imports From Persian Gulf Highlights

It should be noted that several factors influence the source of a company's crude oil imports. For example, a company like Motiva, which is partly owned by Saudi Refining Inc., would be expected to import a large percentage from the Persian Gulf, while Citgo Petroleum Corporation, which is owned by the Venezuelan state oil company, would not be expected to import a large percentage from the Persian Gulf, since most of their imports likely come from Venezuela. In addition, other factors that influence a specific company's sources of crude oil imports would include the characteristics of various crude oils as well as a company's economic needs. While, in general, crude oil is fungible, i.e., one crude oil can be substituted for another, many refineries are optimized by refining crude oil with specific qualities (e.g., the API gravity, the amount of sulfur in the crude oil, etc.). Also, depending on the global crude oil market condition at the time, the price difference between heavy and light crude oils varies, thus changing the economic dynamics for different refineries. Therefore, many factors determine the source of a company's crude oil imports.

January - June 2014

  (thousand barrels)

Totals:

1,321,727

374,229

28%

Company Total Persian Gulf % Persian Gulf
PHILLIPS 66 CO 158,751 20,204 13%
EXXONMOBIL OIL CORP 153,274 66,772 44%
VALERO MARKETING & SUPPLY CO 130,228 63,164 49%
CHEVRON USA INC 110,405 50,258 46%
MOTIVA ENTERPRISES LLC 88,760 74,756 84%
MARATHON PETROLEUM CO LLC 76,911 44,657 58%
BP PRODUCTS NORTH AMERICA INC 65,280 0 0%
TESORO CORP 54,501 18,969 35%
FLINT HILLS RESOURCES LP 47,710 1,540 3%
PAULSBORO REFINING CO LLC 46,986 16,899 36%
CITGO PETROLEUM CORP 44,531 0 0%
SHELL OIL CO DEER PARK 36,113 2,993 8%
HOUSTON REFINING LP 36,029 1,585 4%
PDV MIDWEST REFINING LLC 27,505 0 0%
JP MORGAN VENTURES ENERGY CORP 22,885 0 0%
SUNCOR ENERGY USA INC 21,522 0 0%
HOLLYFRONTIER REFINING MKTG 16,935 0 0%
SHELL OIL PRODUCTS US 15,486 0 0%
MONROE ENERGY LLC 15,159 0 0%
TOTAL PETROCHEMICALS & REFINING USA 15,024 4,406 29%
HUSKY MARKETING & SUPPLY CO 13,952 0 0%
BP WEST COAST PRODUCTS LLC 11,303 3,756 33%
UNITED REFINING CO 9,325 0 0%
TIDAL ENERGY MARKETING INC 9,278 0 0%
CHS INC 8,842 0 0%
CANADA IMPERIAL OIL LTD 8,733 0 0%
VITOL INC 8,234 0 0%
SHELL US TRADING CO 8,105 0 0%
CHALMETTE REFINING LLC 7,508 0 0%
CENOVUS ENERGY MKTG SVCS LTD 7,047 0 0%
SINCLAIR OIL CORP 5,441 0 0%
BARCLAYS BANK PLC 4,776 1,055 22%
CALUMET SPECIALTY PRODTS PTNRS 4,288 0 0%
AXEON SPECIALTY PRODUCTS LLC 4,160 511 12%
HUNT CRUDE OIL SUPPLY CO 3,708 2,704 73%
NATIONAL COOP REFINERY ASSOC 2,972 0 0%
TAUBER OIL CO 2,562 0 0%
ERGON OIL PURCHASING INC 2,497 0 0%
CALUMET MONTANA REFINING LLC 1,845 0 0%
GLOBAL CO LLC 1,832 0 0%
PLAINS MIDSTREAM CANADA ULC 1,719 0 0%
TRAFIGURA AG 1,463 0 0%
NUSTAR ASPHALT REFINING LLC 1,050 0 0%
US OIL & REFINING 846 0 0%
CONNACHER OIL & GAS LIMITED 827 0 0%
STATOIL MKTG & TRDG US INC 733 0 0%
NEXEN MARKETING USA INC 703 0 0%
CANNAT ENERGY INC 557 0 0%
ASTRA OIL CO LLC 540 0 0%
LANSING TRADE GROUP LLC 396 0 0%
ATLANTIC TRADING MARKETING 378 0 0%
MERCURIA ENERGY TRADING INC 296 0 0%
FREEPOINT COMMODITIES LLC 286 0 0%
J ARON & CO 280 0 0%
LION OIL CO 237 0 0%
HOSTETLER MIDSTREAM CONSULTING LLC 125 0 0%
MEG ENERGY US INC 122 0 0%
VERMILLION ENERGY INC 119 0 0%
ENI TRADING SHIPPING INC 110 0 0%
RIL USA INC 90 0 0%
POWER ENERGY PARTNERS LP 83 0 0%
HIGH SIERRA ENERGY 64 0 0%
MORGAN STANLEY CAPITAL GRP INC 54 0 0%
MERCURIA ENERGY CANADA INC 52 0 0%
MUREX LLC 52 0 0%
MACQUARIE ENERGY NORTH AMERICA TRAD 50 0 0%
TEXPAR ENERGY LLC 45 0 0%
BIOURJA TRADING LLC 44 0 0%
CARGILL INC 3 0 0%

Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.