API says oil output rise, warmer winter slashed January imports 11%

The American Petroleum Institute said Wednesday that a rise in US production and a warm winter combined to slash petroleum imports 11% in January. It said a 30.9% drop in imported refined products underscored the current US consumer demand situation.

Send this story to:

Enter the email address of the recipient.
Separate multiple addresses with commas.

Add your own personal message:

Enter your email address:

Note: Your email address is used only to let the recipient know who sent the story, and in case of transmission error. Both your address and the recipient's address will not be used for any other purpose.