Sunday, 22 September 2019 08:47 GMT
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Oil imports slump, exports surge in U.S.




(MENAFN) U.S. Energy Information Administration (EIA) revealed the United States to have been struck with a decline in its imports of crude oil, while enjoying a boost in its crude oil exports.

During the week ending September 6th, U.S. crude oil imports registered a plunge by 180,000 barrels per day (b/d) to stand at an average of 6.73 million b/d, as data showed.

Meanwhile, EIA unveiled, crude oil exports recorded a boost by around 234,000 b/d during the period to reach an average of 3.30 million b/d.

Crude oil imports hit an average of around 6.69 million b/d in the last four weeks to slump by 883,000 b/d on annual basis, while exports climbed by 1.48 million b/d to seal 3.05 million b/d as an average.

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Oil imports slump, exports surge in U.S.

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