Petroleum & Other Liquids

‹ Company Level Imports

Crude Oil Imports From Persian Gulf

January - December 2014   |  Release Date:  February 27, 2015   |  Next Release Date: August 28, 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 - December 2014

  (thousand barrels)

Totals:

2,677,611

673,392

25%

Company Total Persian Gulf % Persian Gulf
PHILLIPS 66 CO 324,584 37,261 11%
EXXONMOBIL OIL CORP 292,720 109,912 38%
VALERO MARKETING & SUPPLY CO 254,913 109,693 43%
CHEVRON USA INC 229,095 99,192 43%
MOTIVA ENTERPRISES LLC 167,015 136,292 82%
MARATHON PETROLEUM CO LLC 157,788 76,011 48%
BP PRODUCTS NORTH AMERICA INC 148,344 0 0%
TESORO CORP 109,810 37,484 34%
CITGO PETROLEUM CORP 92,973 0 0%
FLINT HILLS RESOURCES LP 92,470 2,564 3%
PAULSBORO REFINING CO LLC 91,557 34,655 38%
HOUSTON REFINING LP 78,095 2,889 4%
SHELL OIL CO DEER PARK 75,286 3,958 5%
PDV MIDWEST REFINING LLC 57,572 0 0%
SUNCOR ENERGY USA INC 45,475 0 0%
JP MORGAN VENTURES ENERGY CORP 38,898 0 0%
SHELL OIL PRODUCTS US 34,083 0 0%
HOLLYFRONTIER REFINING MKTG 32,503 0 0%
HUSKY MARKETING & SUPPLY CO 27,890 0 0%
TOTAL PETROCHEMICALS & REFINING USA 26,385 7,362 28%
MONROE ENERGY LLC 24,499 0 0%
BP WEST COAST PRODUCTS LLC 22,403 6,183 28%
UNITED REFINING CO 20,651 0 0%
CHS INC 18,436 0 0%
CHALMETTE REFINING LLC 17,827 0 0%
SHELL US TRADING CO 16,908 0 0%
TIDAL ENERGY MARKETING INC 16,757 0 0%
CENOVUS ENERGY MKTG SVCS LTD 16,007 0 0%
VITOL INC 15,792 0 0%
PHILADELPHIA ENERGY SOLUTIONS 13,345 0 0%
BARCLAYS BANK PLC 12,813 4,866 38%
SINCLAIR OIL CORP 11,530 0 0%
AXEON SPECIALTY PRODUCTS LLC 11,348 511 5%
CANADA IMPERIAL OIL LTD 10,487 0 0%
CALUMET SPECIALTY PRODTS PTNRS 8,785 0 0%
HUNT CRUDE OIL SUPPLY CO 8,266 4,559 55%
NATIONAL COOP REFINERY ASSOC 6,158 0 0%
ERGON OIL PURCHASING INC 5,343 0 0%
TAUBER OIL CO 5,295 0 0%
PLAINS MIDSTREAM CANADA ULC 3,909 0 0%
GLOBAL CO LLC 3,785 0 0%
CALUMET MONTANA REFINING LLC 3,723 0 0%
STATOIL MKTG & TRDG US INC 2,975 0 0%
TRAFIGURA AG 2,971 0 0%
NORTHERN TIER ENERGY CO 2,681 0 0%
ATLANTIC TRADING MARKETING 2,568 0 0%
US OIL & REFINING 2,184 0 0%
CONNACHER OIL & GAS LIMITED 1,696 0 0%
NEXEN MARKETING USA INC 1,504 0 0%
CANNAT ENERGY INC 1,299 0 0%
MEG ENERGY US INC 1,235 0 0%
TIDAL ENERGY MARKETING US LLC 1,144 0 0%
NUSTAR ASPHALT REFINING LLC 1,050 0 0%
ASTRA OIL CO LLC 841 0 0%
MERCURIA ENERGY TRADING INC 612 0 0%
LION OIL CO 508 0 0%
J ARON & CO 472 0 0%
LANSING TRADE GROUP LLC 442 0 0%
HIGH SIERRA CRUDE OIL & MKTG 317 0 0%
FREEPOINT COMMODITIES LLC 286 0 0%
HOSTETLER MIDSTREAM CONSULTING LLC 277 0 0%
POWER ENERGY PARTNERS LP 212 0 0%
ENI TRADING SHIPPING INC 200 0 0%
RIL USA INC 150 0 0%
VERMILLION ENERGY INC 119 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%
UET RR 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.