Winter Storm Halts US Crude Production, Exports Over Weekend

A winter storm cut US crude oil output by 15%, halting Gulf Coast exports. WTI rose 0.1% while Brent fell slightly amid broader supply concerns.

洞察:
A severe winter storm over the weekend significantly disrupted the United States' crude oil production, cutting output by up to 2 million barrels per day, equivalent to approximately 15% of the national production. The storm's impact extended to the Gulf Coast, where all crude and liquefied natural gas exports were halted, confirmed by Vortexa, a ship tracking service. This disruption prompted modest price movements in the oil markets.
Oil pumpjacks are operating in a farmer's field near Calgary, Alberta, Canada, on November 26, 2025. REUTERS/Todd Korol
Oil pumpjacks are operating in a farmer's field near Calgary, Alberta, Canada, on November 26, 2025. REUTERS/Todd Korol
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