Home›Commodities›Energy›Canada boosts U.S. Gulf Coast share of crude exports

Canada boosts U.S. Gulf Coast share of crude exports

Canada exported a record 4.3 million barrels per day of crude in 2025, with more than 90% delivered to the United States, data cited by the Canada Energy Regulator show.

Reported · Written up by our desk · Energy

For decades, the United States has been Canada’s key energy partner, drawing on integrated oil infrastructure built over more than 70 years. After meeting domestic refining needs, Canada exports about 80% of its crude output, with roughly 90% going to the U.S., according to OilPrice.

In 2024, Canada exported crude oil, natural gas liquids and natural gas worth $160 billion, with Canadian oil accounting for more than 60% of U.S. crude imports. OilPrice also cites Canada Energy Regulator data showing that in 2025 Canada exported a record 4.3 million barrels per day of crude, with 3.9 million barrels per day, just over 90%, going to the U.S.

The report says the trade has strengthened further this year, with U.S. imports of Canadian crude averaging just over 4 million barrels per day during the first half of 2026. It also notes that total Canadian crude exports in June were 6.4% higher than a year earlier.

OilPrice attributes the push to constraints that leave U.S. Gulf Coast refiners with fewer options for replacing Canadian heavy crude. The outlet points to Mexican declines, rising Venezuelan supply with some uncertainty, and the Iran war complicating shipments of competing Middle Eastern grades, while Permian production is only a partial substitute because it is generally lighter than Gulf Coast refineries were built to process. It adds that Enbridge’s Houston Oil Terminal began operations in July.

Latest closeWTI crude $97.01 ▲4.3%|Nat gas $2.805 ▼3.8%

More like this

Sources