The U.S. saw a widening trade deficit in goods and services in August, rising 13.7 percent month on month to 105.6 billion U.S. dollars, driven by a remarkable increase in imports, according to data released by the Commerce Department's Bureau of Economic Analysis on Tuesday.
U.S. goods and services exports totaled 315.2 billion U.S. dollars in August, up 1.4 percent from the previous month, while imports rose 4.3 percent to 420.8 billion U.S. dollars.
The data also showed that U.S. goods exports and imports increased by 4.4 billion and 17.2 billion U.S. dollars, respectively, month on month in August.
US trade deficit widens further in August
The Ningxia crude oil outbound pipeline network in northwest China has transported a cumulative total of over 200 million tonnes of crude oil, the China Oil and Gas Piping Network Corporation (PipeChina) announced on Tuesday.
Spanning 564 kilometers across northwest China's Gansu Province and Ningxia Hui Autonomous Region, the network relies on Gansu's Lanzhou hub for cross-regional allocation of oil resources and delivers crude to Sichuan Petrochemical in southwest China via the Lanzhou-Chengdu pipeline.
Having operated safely for 48 years, this energy corridor maintains a stable daily oil transmission of over 23,000 tonnes, ensuring a continuous supply of oil and gas resources to China's western regions.
Crude oil supply via Ningxia's oil outbound pipeline network tops 200 mln tonnes
