Asian refiners are on course to nearly double their purchases of US crude for September from a month earlier, a move that stands to squeeze domestic fuel makers at a time when Americans are already facing record high pump prices. Exports to Asia should see a notable rise next month, according to ship and commodity tracking companies Kpler, Vortexa and Sparta Commodities.

Traders estimate Bloomberg Terminal that the total amount of US-to-Asia trades for loading in September is more than 40 million barrels compared with 22 million barrels in August. This significant surge in exports highlights the growing demand from Asian markets for American energy resources.

The shift poses challenges for domestic producers as supply tightens. With higher volumes heading overseas, local refineries may face increased competition for raw materials. This trend occurs against a backdrop of elevated consumer costs, adding pressure to an already strained market environment.

Data from tracking firms underscores the scale of this export growth. The near-doubling of shipments indicates a strategic pivot by Asian buyers seeking reliable crude supplies. As these volumes increase, the impact on domestic pricing and availability remains a critical concern for industry stakeholders.