U.S. crude oil imports decreased and exports increased during the week ending Dec. 16, the U.S. Energy Information Administration said Wednesday.
U.S. crude oil imports averaged 5.819 million barrels per day (b/d) last week, down by 1.048 million b/d from the previous week, while crude oil exports averaged 4.36 million b/d, up by 44,000 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 6.184 million b/d, down by 4 percent from the same four-week period last year.
During the same period, U.S. crude oil exports averaged about 4.264 million b/d, up by 48.3 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: Hellenic Shipping News
