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US oil imports from OPEC rises in 2016: Report

The highest volume of petroleum import from OPEC countries in 2016 was recorded in July – 3 .803mn bpd, while the lowest level was observed in January – 3.052mn bpd

US oil imports from OPEC rises in 2016: Report
US oil imports from OPEC rises in 2016: Report

The volume of oil America imported from the OPEC countries averaged 3.445mn bpd (bpd) as of 2016, as compared to averagely 2.894mn bpd in 2015, according to the Monthly Energy Review of the US Energy Information Administration (EIA).

The average volume of oil imports from OPEC stood at 3.237mn bpd in 2014, according to the report.

The highest volume of petroleum import from OPEC countries in 2016 was recorded in July – 3 .803mn bpd, while the lowest level was observed in January – 3.052mn bpd, according to the EIA.

America’s oil imports from the non-OPEC countries, on the other hand, stood at 6.613mn bpd in 2016, as compared to 6.554mn bpd in 2015.

EIA estimates that crude oil production by OPEC members averaged 34.995mn bpd in 2016, as compared to 34.048mn bpd in 2015.

Staff Writer

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