Highlights Mexico averaging 5.28 million barrels monthly of fuel oil exports to US Increase picks up pace after Russian invasion of Ukraine Competition seen from Brazil, UAE, Iraq, Turkey, others US imports of fuel oil from Mexico have increased in the first half of 2022, with strong coker demand in the US soaking up a surplus across the border, replacing barrels from Russia, an analysis of US Customs data showed July 22. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The US has imported 31.68 million barrels of fuel oil from Mexico in the first half of 2022, averaging 5.28 million barrels a month, and exceeding first half 2021 imports by 11 million barrels. “Five million barrels a month? That’s insane,” said one Latin America fuel oil trader. The US is on track to import far more residual fuel oil from Mexico by […]