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

Saturday, 26 February 2022 | 01:00

Both of U.S. crude oil imports and exports increased during the week ending Feb. 18, the U.S. Energy Information Administration (EIA) said in a report released on Thursday.

U.S. crude oil imports averaged 6.8 million barrels per day (b/d) last week, up by about 1.04 million b/d from the previous week, while crude oil exports averaged about 2.69 million b/d, up by about 415,000 b/d from the previous week, according to the Weekly Petroleum Status Report.

Over the past four weeks, crude oil imports averaged about 6.5 million b/d, 14.1 percent more than the same four-week period last year.

During the same period, crude oil exports averaged about 2.6 million b/d, down by about 461,000 b/d 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

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