U.S. Crude Exports Decline As Markets Shift

Energy shifts influence diesel and fertilizer costs.

Aerial view of the front of a large crude oil tanker ship at sea_Photo by teamjackson via Adobe Stock_1536993330.jpg

Photo by teamjackson via Adobe Stock

WASHINGTON, D.C. (RFD NEWS) — Annual U.S. crude oil exports fell in 2025 for the first time since 2021, reflecting shifting global demand patterns and changes in domestic utilization, according to the Energy Information Administration.

U.S. crude exports averaged about 4.0 million barrels per day in 2025, down 3 percent from 2024, with declines concentrated in Europe and the Asia-Oceania region. Exports to Europe dropped about 7 percent as increased OPEC output displaced U.S. barrels, while shipments to Singapore and China fell sharply, continuing a two-year slide in Chinese purchases.

Despite lower exports, overall U.S. net crude imports declined to roughly 2.2 million barrels per day, with imports falling even more. EIA notes domestic production rose 3 percent to a record 13.6 million barrels per day, with more supply flowing into stock builds, including the Strategic Petroleum Reserve, and U.S. refineries.

Regionally, some destinations increased purchases, with the Netherlands, India, and Japan importing more U.S. crude and Nigeria boosting imports as its Dangote refinery ramped toward full capacity.

Looking ahead, export trends will depend on shifts in global supply, refinery demand, and evolving trade flows.

Related Stories
Lewis Williamson with HTS Commodities joins us to break down the latest USDA crop progress report, share insights from growers, and discuss how global factors are shaping planting decisions this season.
Growers are making progress with planting despite dry conditions.
Dry conditions are already showing up in pastures across the region this April.
House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
Higher cow numbers and slightly stronger output per cow pushed milk production above last year.
Diesel has eased for now, but the larger 2026 energy outlook still points to elevated fuel costs.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Florida’s import rule shows New World screwworm concerns are already affecting livestock movement and market conditions.
Rep. Adrian Smith joins us to discuss the push for nationwide year-round E15 sales and legislative hurdles for getting it into the farm bill.
Steady Panama Canal operations help support more predictable shipping conditions for global agriculture.
Lower slaughter numbers reduced 2025 red meat output even with heavier cattle and hogs.
Diversified risk tools help protect farm income.
Grain movement stayed active, with barges showing the strongest weekly gain while rail and ocean signals remained mixed.