U.S. crude oil imports and exports increased during the week ending July 28, the U.S. Energy Information Administration (EIA) said.

U.S. crude oil imports averaged 6.668 million barrels per day (b/d) last week, up by 301,000 b/d from the previous week, while crude oil exports averaged 5.283 million b/d, up by 692,000 b/d from the previous week, according to the EIA’s Weekly Petroleum Status Report.

Over the past four weeks, U.S. crude oil imports averaged about 6.523 million b/d, down by 2.3 percent from the same four-week period last year.

During the same period, U.S. crude oil exports averaged about 3.958 million b/d, up by 6.7 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
Source: Xinhua