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US crude oil import down

Oil&Gas Materials 15 December 2016 11:00 (UTC +04:00)
US crude oil imports averaged about 7.4 million barrels per day during the week ending Dec.9, down by 943,000 barrels per day from the previous week.
US crude oil import down

Baku, Azerbaijan, Dec.15

By Leman Zeynalova – Trend:

US crude oil imports averaged about 7.4 million barrels per day during the week ending Dec.9, down by 943,000 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 7.7 million barrels per day, or 2 percent below 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 624,000 barrels per day, said EIA.

The US distillate fuel imports averaged 233,000 barrels per day last week, according to the report.

The price for West Texas Intermediate (WTI) oil was $51.51 per barrel on Dec.9, or $0.19 below last week’s price, but $15.86 above a year ago, according to EIA estimates.

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