VOL. XLV

No 9

4-March-2002

OPEC/Non-OPEC

OPEC Supplies Over Half Of USCrude Imports In 2001

Annual imports data from the US Departmentof Energy (DoE) show that US dependency on imports continues to grow as demandrises and domestic production wanes, and that the percentage of supplies fromOPEC countries is expanding. US crude oil imports from OPEC members averaged4.787mn b/d in 2001, a rise from 4.544mn b/d in 2000. This increase continuesthe trend of increased OPEC exports to the US, and also...