The daily volume of crude oil exports to the US increased by 73 percent in 2018. compared to 2017, it amounted to 2 million barrels, and the number of countries and territories importing American oil increased from 37 to 42. This is evidenced by the data published on Wednesday by the energy information Administration of the US Department of energy.
According to statistics, in 2018, daily oil production in the US was 10.9 million barrels, which is 1.6 million more than a year earlier. Daily oil production in the Gulf region, in particular, reached 7.1 million barrels.
In 2018, the largest importer of American oil was Canada, the volume of supplies to this country amounted to 19 percent American oil exports. In second place is the Republic of Korea, which accounted for 12 per cent. volume of deliveries.
The energy information administration stated that oil production in the United States continued to increase. Last week, the country produced 12.1 million barrels daily, oil exports amounted to 3.392 million barrels per day.