The Financial Express
Swasti Lankabangla Swasti Lankabangla

US oil imports up, exports down last week: EIA

| Updated: February 29, 2020 12:01:20

File photo (Collected) File photo (Collected)

US crude oil imports increased while exports decreased during the week ending Jan. 3, the US Energy Information Administration (EIA) said on Wednesday.

US crude oil imports averaged 6.73 million barrels per day (b/d) last week, up by 379,000 b/d from the previous week, according to the Weekly Petroleum Status Report.

The reports also said that the crude oil exports averaged about 3.06 million b/d, down by about 1.40 million b/d from the previous week, reports Xinhua.

Over the past four weeks, crude oil imports averaged about 6.62 million b/d, down by 962,000 b/d year-on-year, while crude oil exports averaged about 3.64 million b/d, up by about 1.24 million b/d year-on-year.

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