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United States crude oil imports and exports decreased during the week ending March 8, the US Energy Information Administration (EIA) said in a report released on Wednesday.
US crude oil imports averaged 5,491 million barrels per day (b/d) last week, down by 1,730 million b/d from the previous week, while crude oil exports averaged 3,147 million b/d, down by 1,490 million b/d from the previous week, according to the Weekly Petroleum Status Report.
Over the past four weeks, crude oil imports averaged about 6,438 million b/d, up by 2,9 percent from the same four-week period last year.
During the same period, crude oil exports averaged about 4,369 million b/d, up by 6,1 percent year on year.
The United States has been one of the world’s important oil producers in past years with the help of its shale oil production growth. – Xinhua
Online Reporter