U.S. crude oil imports and exports increased during the week ending May 1, the U.S. Energy Information Administration (EIA) said Wednesday.
U.S. crude oil imports averaged 5.7 million barrels per day (b/d) last week, up by 410,000 b/d from the previous week, while crude oil exports averaged about 3.5 million b/d, up by about 244,000 b/d from the previous week, according to the Weekly Petroleum Status Report.
Over the past four weeks, crude oil imports averaged about 5.4 million b/d, down by 1.4 million b/d year on year, while crude oil exports averaged about 3.3 million b/d, up by about 790,000 b/d year on year.
Editor:Cherie