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Posted March 30, 2023 Today in Energy

In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day ›

In 2022, U.S. crude oil exports averaged 3.6 million barrels per day (b/d), a record high according to export data that has been collected since 1920. U.S. crude oil exports in 2022 were 22% (640,000 b/d) higher than in 2021. Increased U.S. crude oil production, releases from the U.S. Strategic Petroleum Reserve, and more global demand for crude oil from countries other than Russia all drove the growth in U.S. crude oil exports. More ›

annual U.S. crude oil exports

Data source: U.S. Energy Information Administration, Petroleum Supply Annual and Petroleum Supply Monthly

Data Highlights

WTI crude oil futures price

3/30/2023: $74.37/barrel

up$4.41 from week earlier
down$33.45 from year earlier

Natural gas futures price

3/30/2023: $2.104/MMBtu

down$0.050 from week earlier
down$3.501 from year earlier

Weekly coal production

3/25/2023: 12.066 million tons

up0.059 million tons from week earlier
up0.762 million tons from year earlier

Natural gas inventories

3/24/2023: 1,853 Bcf

down47 Bcf from week earlier
up442 Bcf from year earlier

Crude oil inventories

3/24/2023: 473.7 million barrels

down7.5 million barrels from week earlier
up63.7 million barrels from year earlier

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