HOUSTON, Oct. 21 (Xinhua) -- U.S. crude oil imports decreased and export increased during the week ending Oct. 16, the U.S. Energy Information Administration (EIA) said Wednesday.
U.S. crude oil imports averaged 5.1 million barrels per day (b/d) last week, down by about 167,000 b/d from the previous week, while crude oil exports averaged about 3.0 million b/d, up by about 901,000 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 852,000 b/d year on year, while crude oil exports averaged about 2.8 million b/d, down by about 464,000 b/d year on year.
The United States became a world important 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 48.48 million tonnes of crude oil in September, surging 17.6 percent year on year. Enditem