VOL. XXX

NO. 23

16-MARCH-1987

GENERAL

US Crude Oil Imports up 30% in 1986

Spurred by low world oil prices, US imports of crude oil increased by1,025,064 b/d, or 29.7%, to 4,479,097 b/d in 1986 from 3,454,033 b/d in 1985,according to statistics published in the March issue of the Petroleum Economist(see table below). Most of the increase, amounting to 845,044 b/d came from OPECproducers whose share of US oil imports increased to 2,211,803 b/d or 49.4% oftotal imports in 1986, as compared with...