Petroleum import from non-OPEC countries drops - EIA

  28 October 2016    Read: 1141
Petroleum import from non-OPEC countries drops - EIA
The volume of petroleum import from non-OPEC countries averaged at 6.629 million barrels per day in the first seven months of 2016, as compared to averagely 6.663 million barrels per day in the same period in 2015, according to the Monthly Energy Review of the US Energy Information Administration (EIA).
The average volume of petroleum import from non-OPEC stood at 5.863 million barrels per day in the first seven months of 2014, said the report.

The highest volume of petroleum import from non-OPEC countries in the first seven months of 2016 was recorded in January (6.683 million barrels per day), while the lowest level was observed in March (6.426 million barrels per day), according to the EIA.

This figure averaged at 6.554 million barrels per day in 2015, as compared to 6.004 million barrels per day in 2014.

Oil production from countries outside the OPEC currently represents about 60 percent of world oil output, according to the EIA.

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