USA is almost two times increased the export of oil

США почти в два раза увеличили экспорт нефти

The region’s largest importer of American oil was Asia

Last year, Americans exported the “black gold” in 42 countries and territories around the world.

USA in 2018 almost two times increased the export of oil and brought it to 2 million barrels per day. This was announced by the U.S. Department of energy on Monday, April 15.

“In 2018, the us oil exports rose to 2 million barrels per day, almost twice the rate in 2017 to 1.2 million barrels per day”, – stated in the report of the Department.

The energy Ministry also noted that last year the United States exported the “black gold” in 42 countries and territories around the world.

During the year, the direction of exports has changed significantly since the export of American oil to China fell to 228 thousand barrels per day. However, exports to countries such as occupying the first place in the list of the largest American importers of “black gold” Canada (378 thousand barrels per day, or 19% of exports) and South Korea (236 thousand barrels of oil per day, second place) has increased. Region the largest importer of American oil is Asia.

The Ministry said that export growth is directly linked to the fact that the volume of oil production in the US last year made up 10.96 million barrels per day. It grew by 17% compared with the 2017 year and broke the record set in 1970.

While overall us oil exports in the second half of the year (2.2 million barrels per day) was higher than in the first half (1.8 million barrels per day).

Earlier in April it was reported that oil production in the US increased by 100 thousand barrels per day, setting a new record of 12.2 million b/d.

Recall that in 2018 in the U.S. state of Texas set a new record for the extraction of shale oil is 1.54 billion barrels. The previous record was set back in 1973 – 1.28 billion barrels.

News from the Reporter.net Telegram. Subscribe to our channel https://t.me/korrespondentnet

Source