VOL. XLIII

No. 09

28-February-2000

OPEC

US Crude Imports From OPEC Reach 4.1Mn B/D In 1999, Account For 48% Of Total

US crude oil imports from OPEC averaged 4.147mn b/d during 1999, an increase of 92,000 b/d, or 2.3%, over the 1998 average of 4.055mn b/d. According to data derived from API statistics, US crude oil imports for 1999 averaged 8.576mn b/d, of which OPEC accounted for 48.36%, while non-OPEC oil imports averaged 4.429mn b/d, or 51.64%.

Saudi Arabia remained the largest exporter of crude...