September 2010 Crude Oil Imports Total $20.96 Billion

The latest numbers out from the Commerce Department show that the September trade deficit was $44 billion, down from $46.48 billion in August. Crude oil imports accounted for $20.96 billion, down from $22.55 billion in August.

The U.S. bill for crude oil imports in September fell to $20.96 billion from $ 22.55 billion the month before. The price of oil slid $1.11 to $72.36 a barrel, while U.S. consumption declined to 289.69 million barrels from 306.91 million.

Source : Nasdaq