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Oil imports in US sink to a new low
May 14, 2018
Source: World Oil

Oil imports in US sink to a new low

As domestic crude production gushes to record altitudes, US agency EIA looks down at imports of crude and petroleum products dropping to as low as 1.5 MMbpd towards 2019. The agency also raised its U.S. production outlook for both, this year and the next. The Whitehouse also restated that crude production will anyway exceed 11 MMbpd in the month of October.

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