U.S. oil imports, exports down last week

HOUSTON, July 12 (Xinhua) -- U.S. crude oil imports and exports decreased during the week ending July 7, the U.S. Energy Information Administration (EIA) said in a report released on Wednesday.

U.S. crude oil imports averaged 5.88 million barrels per day (b/d) last week, down by 1.158 million b/d from the previous week, while crude oil exports averaged 2.144 million b/d, down by 1.757 million b/d from the previo