U.S. oil imports down, exports up last week
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E-mail Xinhua, October 5, 2023
HOUSTON, Oct. 4 (Xinhua) -- U.S. crude oil imports decreased while exports increased during the week ending Sept. 29, the U.S. Energy Information Administration (EIA) said Wednesday.
U.S. crude oil imports averaged 6.215 million barrels per day (b/d) last week, down by 1.014 million b/d from the previous week, while crude oil exports averaged 4.956 million b/d, up by 944,000 b/d, according to the EIA's Weekly Petroleum Status Report.
Over the past four weeks, U.S. crude oil imports averaged about 6.886 million b/d, up by 9.6 percent from the same period last year; crude oil exports averaged about 4.281 million b/d, up by 5.4 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. Enditem
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