Last updateFri, 14 May 2021 4pm

End-User News

U.S. Petroleum Exceeds All Expectations in January

According to the American Petroleum Institute's latest monthly statistical report, U.S. oil markets kicked off 2021 with a remarkable January. Total U.S. petroleum demand returned to within 1.2% of its level from January 2020 despite the pandemic. Refining and petrochemical demand for other oils – naphtha, gasoil, propane/propylene – reached a record high level (6.5 million barrels per day, mb/d), 33.1% share of total U.S. petroleum demand. 

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