– US crude oil imports decreased and exports increased during the week ending November 25, the US Energy Information Administration said Wednesday.
US crude oil imports averaged 6.037 million barrels per day (b/d) last week, down 1.027 million b/d from the previous week, while crude oil exports averaged 4.948 million b/d /d, 706,000 b/d more than the previous week. week, according to the Weekly Petroleum Status Report.
Over the past four weeks, US crude oil imports averaged around 6.278 million b/d, down 0.9 percent from the same four-week period last year.
During the same period, US crude oil exports averaged about 4.143 million b/d, up 38.2 percent year-on-year.
The United States has been one of the world’s top oil producers in recent years helped by the growth of its shale oil production. ■