Saudis slip to No 2 spot behind Canada on US crude import ladder
London (Platts)--16Nov2004
Saudi Arabia slipped back to second place behind Canada on the US crude import ladder for September, data released Monday by the US Energy Information Administration showed. Crude imports from Saudi Arabia dropped to 1.567-mil b/d in September from August's 1.755-mil b/d which had taken the kingdom back to the number one spot for the first time since November 2003. Canada supplied 1.711-mil b/d of crude--its "highest average ever"--in September, up almost 200,000 b/d from August's 1.512-mil b/d which had put it in third place. Mexico was the third biggest supplier of crude to the US in September with 1.527-mil b/d, down from August's 1.588-mil b/d which had put it in second place. Venezuela and Nigeria maintained their fourth and fifth place positions with 1.07-mil b/d and 1.012-mil b/d respectively, although volumes from both countries were lower than the previous month's 1.194-mil b/d and 1.168-mil b/d. Iraq easily held onto sixth place but its 623,000 b/d average for September was 193,000 b/d down from August's 816,000 b/d.
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