January 13, 2011

November 2010 Crude Oil Imports Total $19.8 Billion



The latest numbers from the Commerce Department show that the trade deficit for November was $38.3 billion, down from $38.4 billion in October. Crude oil imports accounted for $19.8 billion, up from $18.9 billion in October.

The value of crude oil purchases increased to $19.8 billion from $18.9 billion in October. The price per barrel of imported crude reached the highest level since May.

Source : Bloomberg

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