The U.S. Energy Information Administration (EIA) estimated on Wednesday that U.S. crude oil production last week was 11.7 million barrels per day, remaining the record levels for three consecutive weeks.
U.S. crude oil output for the week one year ago was 9.7 million barrels per day. Earlier this year, U.S. crude production hit 10 million barrels per day levels, becoming one of the largest producers in the world.
Meanwhile, U.S. crude oil imports and exports increased last week.
U.S. crude oil imports averaged 8.2 million barrels per day last week, up by 608,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 7.7 million barrels per day, 0.8 percent more than the same four-week period last year.
Total motor gasoline imports, including both finished gasoline and gasoline blending components, last week averaged 384,000 barrels per day, and distillate fuel imports averaged 186,000 barrels per day.
U.S. crude oil exports averaged 2.4 million barrels per day last week, up by 473,000 barrels per day from the previous week. Over the past four weeks, crude oil exports averaged about 2.2 million barrels per day, or 77.3 percent more than the same four-week period last year.
Editor:Cherie
