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U.S. oil imports fell to 19-year low for July, API report shows

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WASHINGTON, D.C. (Bloomberg) -- U.S. imports of crude and fuel in July dropped to the lowest level for the month in 19 years as domestic production rose, the American Petroleum Institute said. Imports slid to 9.06 MMbpd, the least for July since 1995, the industry-funded group said Aug. 21 in a monthly report. Domestic crude-oil production rose to the highest July level since 1986, staying above 8 MMbpd for a sixth month.


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U.S. oil imports fell to 19-year low for July, API report shows U.S. oil imports fell to 19-year low for July, API report shows Reviewed by Crude Oil Brokers on 02:25 Rating: 5

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