Baku, Azerbaijan, Dec.22
By Leman Zeynalova – Trend:
US crude oil imports averaged about 8.5 million barrels per day during the week ending Dec.16, up by over 1.1 million barrels per day from the previous week, the country’s Energy Information Administration said in its report.
“Over the last four weeks, crude oil imports averaged over 7.9 million barrels per day, or 0.9 percent above the same four-week period last year,” said the report.
This is while the country’s total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 447,000 barrels per day, said EIA.
The US distillate fuel imports averaged 211,000 barrels per day last week, according to the report.
The price for West Texas Intermediate (WTI) oil was $51.93 per barrel on Dec.16, or $0.42 over last week’s price and $17.21 above a year ago, according to EIA estimates.
---
Follow the author on Twitter: @Lyaman_Zeyn