US crude imports in February lowest in 16 years at 7.8 million b/d:
API
Washington (Platts)--21Mar2013/343 pm EDT/1943 GMT
US crude oil imports in February fell 770,000 b/d year on year, or 9%,
to average 7.8 million b/d -- their lowest level in 16 years, the
American Petroleum Institute said Thursday.
Total crude and refined product imports fell in February to below 10
million b/d for only the second time in 15 years, the API said in its
monthly statistical report.
Total imports averaged nearly 9.9 million b/d in February down 5.8% year
on year and down 4.8% from January. Canadian crude imports fell 9% in
February year on year to 2.3 million b/d, but were up 9% from January
levels, the API said.
Refined product imports rose 8.6% in February from the prior year, led
by a 150% jump in kerosine-jet fuel and a 19.2% jump in residual fuel.
Imports of gasoline and blending components were 567,000 b/d in
February, down 11.4% year on year.
--Gary Gentile,
gary_gentile@platts.com
--Edited by Katharine Fraser,
katharine_fraser@platts.com
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