The data indicated that the United States, increased its oil imports from Angola 2.4 times, and Kuwait 1.65 times until the end of last August.
According to last Augusts’ results, oil supplies from Angola to the United States, increased 2.4-fold, compared to last July, which amounted to $305.8 million. It’s the largest volume of imports in 6 years, since August 2018.
Oil purchases from Kuwait have also reached a historic level, rising 1.65 times to $104.2 million, which is the maximum since August 2023.
At the same time, the total volume of U. S. oil imports fell last August by 13.6%, to about $14.3 billion. Its oil purchases in the same month rose by $488.4 million from just 6 countries, and fell by about $5 billion, from 17 countries.
In addition to Angola and Kuwait, the United States increased oil imports from Argentina – by 2.1 times ($221 million); Mexico – by 10% ($969 million); Colombia – by 11.4% ($461 million) and; Ghana – by 4% ($78 million). Additionally, Washington also bought a $15 million payment of oil from Guatemala after a two-month hiatus.
The decline in U.S. oil imports was recorded in Norway – by 6.8 times (to $1.3 million); Nigeria – by 2.2 times ($255.3 million); Algeria – by 2.1 times ($9 million); Guyana – twice ($372 million) and; Ecuador – by 1.6 times ($274 million).
Imports from Canada ($8.3 billion); Saudi Arabia ($630 million); Venezuela ($581 million); Kazakhstan ($88 million); Trinidad and Tobago ($96 million); Britain ($97 million); UAE ($82 million); Libya ($154 million); Brazil ($687 million) and; Iraq ($490 million) also decreased.
The total U.S. oil imports in the first eight months of this year, amounted to $114.7 billion, which is 7.9% more, compared to the same period in the previous year. Imports for the whole of 2023, amounted to $165.2 billion.
