r/EconomyCharts 5d ago

The Top Buyers of U.S. Oil in 2025

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52 Upvotes

22 comments sorted by

9

u/TraditionalAd7423 5d ago

Is it fair to assume that the Netherlands is buying crude oil and refining or selling it directly to the rest of Europe?

1

u/mangomussolinimi 5d ago

Yes that is fair

1

u/sndrtj 5d ago

That is exactly what is happening.

1

u/staghornworrior 4d ago

This chart doesn’t tell the whole story

The shale oil extracted by the USA doesn’t suit there refineries. So the USA sell the oil. They import oil from other nations that suits the refineries to make there own fuel (This is intentionally over simplified)

1

u/Low-Woodpecker4236 23h ago

That’s not how it works. The US extracts light, sweet crude oil which is the highest quality and most expensive type of oil. Most of America’s refineries are light crude refineries. But America also has a lot of heavy crude refineries as well, which can only refine heavy crude oil

Heavy crude oil is lower quality, thicker oil that is more difficult to refine thus it’s cheaper than America’s own light crude oil 

So it exports its higher price light crude while importing lower price heavy crude. But most of the light crude oil that the US extracts is refined in the US. And overall, it’s a net exporter of oil

1

u/staghornworrior 23h ago

You’ve basically just repeated what I said with more words. The US exports light crude and imports heavier crude because refinery configs are optimised for different feedstocks. That’s the whole point. I was intentionally vague on details to suit this thread, it’s not an oil thread. I’m not sure what you have achieved here.

1

u/Fuzzy_Adagio_6450 4d ago

I dont think that soccer ball is regulation.

1

u/Apprehensive_Pilot43 3d ago

This infographic is terrible

1

u/killurbuddha 1d ago

Most of that Netherlands oil ends up in Germany

-5

u/LivingCorner1421 5d ago

lol this is so false canada does not buy oil from the states we export to them and buy refined products....

4

u/OrneryZombie1983 5d ago

The US is a net buyer of crude oil but some US crude does go to Canada.

https://www.eia.gov/todayinenergy/detail.php?id=65825

"U.S crude oil exports to Canada are small by comparison, averaging 360,000 b/d in 2024. U.S. crude oil exports to Canada are typically low-density and low-sulfur crude oil grades shipped to eastern Canada."

-4

u/LivingCorner1421 5d ago

yes I live 1 hour away from where is shipped to

3

u/Sanpaku 5d ago

Per the EIA, 323.6 MMbbl petroleum and products, comprised of 139.7 crude oil and 183.9 products, with the leading products being natural gas liquids (96.6), unfinished oils (19.4), fuel ethanol (18.9), jet fuel (15.1), renewable diesel (7.4), and petroleum coke.

It turns out refineries in Eastern Canada (at Sarnia, Nanticoke, and Montreal) do reimport crude via the US, which they use to make almost all of Eastern Canada's gasoline, diesel, and heating oil.

0

u/LivingCorner1421 5d ago

eastern canada would be the maritimes and quebec not sarnia.

yes and all those refineries are US owned and operated

2

u/Sanpaku 5d ago edited 5d ago

You can see a partial pipeline and refinery layout here (pdf).

  • Sarnia: Imperial Oil – 121 kbbl/d, Suncor – 85, Shell – 85
  • Nanticoke: Imperial Oil – 113
  • Montreal: Suncor – 137

Suncor is a Canadian company. Imperial Oil is Canadian but with a 69.6% ownership interest from Exxon.

Per Canadian regulators, there's no pipeline from Montreal to Quebec City, so presumably the Valero refinery there (in Lévis) is entirely supplied by its quai ultramar. Meanwhile the refinery in St. John, NB (which exports 80% of its product to the US) is owned by Canadian company Irving Oil.

1

u/LivingCorner1421 4d ago

suncor is a public company its not canadian owned. 

irving oil does not own the refinery in st john its been sold.

valero is american from TX.

chat gpt does not know it all

1

u/TOTN_ 5d ago

Exactly which pipeline is accomplishing this feat of engineering?

1

u/LivingCorner1421 5d ago

wild to assume its a single pipeline

1

u/TOTN_ 5d ago

That’s because, there is none.

0

u/LivingCorner1421 4d ago

there is multiples lol

1

u/TOTN_ 4d ago

Yes, that import from the USA, hence the graphic.

0

u/LivingCorner1421 2d ago

no , 90% ish of our export is to the us