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U.S. oil imports, exports up last week: EIA

Friday, 02 April 2021 | 00:00

U.S. crude oil imports and exports both increased during the week ending March 26, the U.S. Energy Information Administration (EIA) said on Wednesday.

U.S. crude oil imports averaged 6.1 million barrels per day (b/d) last week, up by about 523,000 b/d from the previous week, while crude oil exports averaged about 3.2 million b/d, up by about 693,000 b/d from the previous week, according to the Weekly Petroleum Status Report.

Over the past four weeks, crude oil imports averaged about 5.7 million b/d, down by about 593,000 b/d year on year, while crude oil exports averaged about 2.7 million b/d, down by about 996,000 b/d year on year.

The United States became a world important oil producer in the past years with the help of its shale oil production growth. Meanwhile, China has become one of the biggest oil importers.

According to the latest release from the Chinese National Bureau of Statistics, China imported 89.57 million tonnes of crude oil in in January and February this year, up 4.1 percent year on year.
Source: Xinhua|

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