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U.S. oil imports, exports down last week

Thursday, 11 January 2024 | 21:00

U.S. crude oil imports and exports decreased during the week ending Jan. 5, the U.S. Energy Information Administration (EIA) said in a report released on Wednesday.

U.S. crude oil imports averaged 6.241 million barrels per day (b/d) last week, down by 654,000 b/d from the previous week, while crude oil exports averaged 3.322 million b/d, down by 1.97 million b/d from the previous week, according to the Weekly Petroleum Status Report.

Over the past four weeks, crude oil imports averaged about 6.526 million b/d, up by 8.2 percent from the same four-week period last year.

During the same period, crude oil exports averaged about 4.163 million b/d, up by 17.5 percent year on year.

The United States has been one of the world’s important oil producers in the past years with the help of its shale oil production growth.
Source: Xinhua

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