VOL. XL

No. 9

3-March-1997

OPEC

US Crude Imports From OPEC Exceeded 3.4Mn B/D In 1996

US crude oil imports from OPEC averaged 3.429mn b/d during 1996, an increase of 87,000 b/d, or 2.6% over the 1995 figure of 3.342mn b/d, according to data derived from API statistics (for details of US imports by country and company, see tables below and overleaf). OPEC's share of total US crude oil imports during 1996 amounted to 45.73%. Altogether, the US imported an average of 7.499mn b/d of crude oil during...