Government data released in November showed net US crude oil imports fell to 1.1 million bpd, the lowest since records began in 2001 and down sharply from five years ago, when more than 7 million bpd were imported. The US already produces more oil than any other country, including Saudi Ara...
Government data released in November showed net US crude oil imports fell to 1.1 million bpd, the lowest since records began in 2001 and down sharply from five years ago, when more than 7 million bpd were imported. The US already produces more oil than any other country, including Saudi Ara...
The above product categories account for over two-thirds (68.2%) of total U.S. imports during 2023. America’s imports of vehicles the fastest-growing increase in value among the top 10 product categories, up 15.6% from 2022 to 2023. In second place were U.S. imports of pharmaceutical pr...
Year over year, America’s imports of crude oil from its number one supplier Canada increased in total cost by 47.3%. Major Crude Oil Suppliers Creating US Trade Deficits America also produces and sells its own crude oil on international markets. In 2022, the United States shipped $117 billio...
Chinese traders told OD that China's oil importers will not purchase more US crude until the trade war between the two economic powerhouses finally eases (OD Aug.9'18). Once that happens, the world's largest oil importer would like to resume US crude imports to diversify its supply ...
During the reported week, refineries operated at 80.6% of their operable capacity last week, while gasoline production slowed, averaging 9.0 million barrels per day. Imports of crude oil in the country averaged 6.7 million barrels per day last week, rising by 184,000 barrels per day. Total com...
in 2022. Despite the increased import volumes, the lower crude oil prices reduced the value of U.S. crude oil imports from Mexico by 4% in 2023 compared with 2022. U.S. crude oil imports made up 81% of all energy imports from Mexico in 2023. The U.S. did not export ...
India has been importing oil from the US to diversify away from the Middle Eastern Crudes. However, the weak oil demand, with attendant supply glut and contest for market share are reshaping global energy politics. This article examines the extent to which increasing oil imports from the US ...
API Crude Oil Stock Change for Jan/10 in United States is -2.600M, higher than the previous value of -4.022M. The forecast was -3.5M. 2025/01/15 05:30 CST Recommend 0 Positive 0 Negative 3 DJIA Ends Up 221Pts, Nasdaq Down 0.2% as Eyes on US Inflation; Funds Rotate to Banks 2025...
President Joe Biden has banned imports of Russian oil and gas into the US as Washington steps up economic sanctions on Moscow over the invasion of Ukraine in an attempt to deprive it of revenue. The move was matched by a UK phase-out of Russian oil imports, but the EU did not follow ...