HOUSTON, Oct. 15 (Xinhua) -- U.S. crude oil imports and exports both decreased during the week ending Oct. 9, the U.S. Energy Information Administration (EIA) said Thursday.
U.S. crude oil imports averaged 5.3 million barrels per day (b/d) last week, down by about 447,000 b/d from the previous week, while crude oil exports averaged about 2.1 million b/d, down by about 524,000 b/d from the previous week, according to the Weekly Petroleum Status Report.
Over the past four weeks, crude oil imports averaged about 5.3 million b/d, down by about 970,000 b/d year on year, while crude oil exports averaged about 2.8 million b/d, down by about 293,000 b/d year on year.
The United States has become a major oil producer in the past years with the help of its shale oil production growth. Meanwhile, China has become one of the biggest oil importers.
According to the latest release from the Chinese National Bureau of Statistics, China imported 47.48 million tonnes of crude oil in August, surging 12.6 percent year on year. Enditem