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EIA Tracks U.S. Net Imports of Asphalt and Road Oil from OPEC

EIA's latest series tracks U.S. net imports of OPEC-origin asphalt and road oil in thousand bpd — a niche heavy-product gauge of heavy-crude supply ties.

TAG E-9994 · 424 words on the permit

U.S. Net Imports from OPEC Countries of Asphalt and Road Oil (Thousand Barrels per Day) - eia.gov
U.S. Net Imports from OPEC Countries of Asphalt and Road Oil (Thousand Barrels per Day) - eia.govAI-generated

Scope of work

  • EIA published its data series on U.S. net imports from OPEC countries of asphalt and road oil, reported in thousand barrels per day.
  • The series is a net figure — imports minus exports — isolating OPEC-origin flows of the heavy, residual-based product.
  • The EIA released the series as a data table without commentary; interpretation of the current level rests with analysts.

The U.S. Energy Information Administration has published its latest data series on U.S. net imports from OPEC countries of asphalt and road oil, reported in thousand barrels per day. The release, carried through the agency's petroleum statistics feed, covers a narrow but telling slice of the U.S. supply picture: a heavy, residual-based product that domestic refiners cannot always satisfy from domestic and Canadian light-crude slates alone.

Asphalt and road oil sit at the very bottom of the refinery barrel. They are products that few U.S. refiners deliberately maximize, and imports of the material tend to track paving-season demand, refinery turnaround timing, and the availability of heavy crude feedstocks from Latin American and Middle Eastern producers. The EIA series isolates the OPEC-origin portion of that flow and reports it on a net basis — imports minus exports — in thousand barrels per day.

The series is part of the EIA's standard petroleum trade reporting, which breaks down product-level import and export activity by origin. For OPEC watchers, it functions as a niche indicator. Volumes are small relative to the multi-million-barrel-per-day crude trade, but the direction of travel in net OPEC-origin asphalt imports can signal changes in heavy-product supply relationships, particularly with Gulf Coast and West Coast receiving terminals that handle residual fuel and asphalt cargoes.

The EIA did not attach commentary to the release. The agency publishes the series as a data table, and any interpretation of the current net-import level, its trend, or its implications for OPEC producers belongs to analysts rather than to the statistical release itself. Readers can retrieve the underlying figures, including the current thousand-barrels-per-day reading and the historical series, directly from the EIA's petroleum data portal.

Context matters for anyone using the series. U.S. asphalt supply has shifted markedly over the past two decades as domestic refining capacity consolidated and as bitumen and heavy crude from Canada displaced some imported feedstocks. Net import positions in this product line can swing between surplus and deficit across reporting periods, and single-month readings are noisy. Analysts using the series typically compare it against the same period a year earlier and against refinery utilization and turnaround schedules.

The watch item here is the next scheduled EIA petroleum trade update, which will refresh the net-import figure and show whether the OPEC-origin share of U.S. asphalt and road oil supply is holding, rising, or fading against non-OPEC heavy-product suppliers.

via Google News: OPEC and oil markets (Source)

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