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U.S. oil imports up, exports down last week

The U.S. crude oil imports increased while exports decreased during the week ending Sept. 2, the U.S. Energy Information Administration (EIA) said in a report released.

U.S. crude oil imports averaged 6.779 million barrels per day (b/d) last week, up by 824,000 b/d from the previous week, while crude oil exports averaged 3.433 million b/d, down by 534,000 b/d from the previous week, according to the Weekly Petroleum Status Report.

Over the past four weeks, crude oil imports averaged about 6.259 million b/d, up by 1.5 percent from the same four-week period last year.

During the same period, crude oil exports averaged about 4.144 million b/d, up by 42.6 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

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