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
Industry leaders say $11 billion in new investments could turn the tide as dairy producers face shrinking margins and growing uncertainty.
Export Inspections In Bushels Show Mixed Momentum Patterns
Expect firmer shop prices, leaner inventories, and selective hiring in ag-adjacent businesses — plan parts, service, and financing needs earlier.
U.S. Farmers Face Shifting Harvest Pace, Basis, and Input Costs
Lewis Williamson with HTS Commodities joined RFD-TV’s Market Day Report to share insight into what’s happening on the ground and in the markets.
Expect choppier basis and wider bids — hedge earlier, keep logistics flexible, and watch Argentina and India headlines for near-term opportunities.

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:

President Trump issues a 60-day Jones Act waiver to ease fuel shipments amid Middle East tensions disrupting energy markets, while biofuel policy gains focus.
Acreage shifts could influence spring marketing decisions.
Corn and sorghum exports continue outperforming soybeans.
Expanding supplies are weighing on global coffee and cocoa prices.
Lewis Williamson with HTS Commodities discusses how tensions in the Middle East are impacting producer’s spring planting decisions.
Land values remain key to borrowing strength.