U.S. crude oil imports decreased but exports increased during the week ending Oct. 14, the U.S. Energy Information Administration said.

U.S. crude oil imports averaged 5.908 million barrels per day (b/d) last week, down by 156,000 b/d from the previous week, while crude oil exports averaged 4.138 million b/d, up by 1.266 million b/d from the previous week, according to the Weekly Petroleum Status Report.

Over the past four weeks, U.S. crude oil imports averaged about 6.092 million b/d, down by 4.1 percent from the same four-week period last year.

During the same period, U.S. crude oil exports averaged about 4.052 million b/d, up by 51.4 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
Source: Xinhua