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
Strong crush demand and rising ethanol production are pressuring feedstocks, as traders monitor storage risks and supply chain uncertainty and await the upcoming January WASDE report.
The U.S. Meat Export Federation plans to expand its global market presence in the New Year and says it is focusing its appeal on the growing middle class worldwide.
Last year was a busy year for pesticide litigation in the United States. At No. 10, it kicks off RFD-TV Legal Expert Roger McEowen’s list of the “Top 10” Agricultural Law and Tax Developments of 2025.
Preserving equity through active risk management remains critical in a volatile, supply-driven market.
USDA data indicates that 13.7 percent of U.S. households experienced food insecurity in 2024, the highest rate since 2014, even as most households remained food secure.
Weather, Tight Supplies, and Planning Shape Farm Decisions

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:

Stable U.S. fundamentals continue for major crops, but global adjustments in corn, soybeans, wheat, and cotton may influence early-2026 pricing.
Corn and wheat exports continue to outperform last year, while soybeans show steady but subdued movement compared to 2024.
Tariff relief and new trade agreements may temper food costs by reducing import costs.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
Mold damage is tightening China’s corn supplies, supporting higher prices and creating potential demand for alternative feed grains in early 2026.
The new rule removes prevented-plant buy-up coverage, prompting strong objections from farm groups concerned about added risk exposure.