Petroleum Trade Data (PETEX, PETIM, PETNT)

FreightWaves Customer SuccessEnergy - Volume

What is it?

Petroleum trade data tracks exports, imports, and the trade balance in the U.S. economy for petroleum fuels. This data is monthly, non-seasonally adjusted, and reported as thousands of barrels per day.

Who is interested?

Economists, energy market analysts

What does it tell me?

The trade balance in petroleum is commonly referenced by economists and analysts because it shows how dependent the U.S. economy is on foreign oil. Net imports of petroleum are still positive, but have trended down in recent years as exports of U.S. petroleum have surged.