U.S. Oil Imports Lowest for June in 21 Years, API Says
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Total U.S. imports of crude and fuel in June dropped to the lowest level for the month since 1993 as domestic production surged, the American Petroleum Institute said.
Imports were below 10 million barrels a day for a 10th consecutive month, the industry-funded group said today in a monthly report. Total imports dropped 5.7 percent from a year earlier to 9.23 million barrels a day.