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

23 June 2023 03:10 (UTC +04:00)

U.S. crude oil imports decreased while exports increased during the week ending June 16, the U.S. Energy Information Administration said in a report released on Thursday, APA reports.

U.S. crude oil imports averaged 6.161 million barrels per day (b/d) last week, down by 220,000 b/d from the previous week, while crude oil exports averaged 4.543 million b/d, up by 1.273 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 6.54 million b/d, up by 2.3 percent from the same four-week period last year.

During the same period, U.S. crude oil exports averaged about 3.801 million b/d, up by 12.5 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.