Iraqi Oil Exports to U.S. Decline, EIA Reports

by Amelia

Iraq’s oil exports to the United States saw a notable decline last week, according to the latest data from the U.S. Energy Information Administration (EIA).

The EIA reported on Saturday that U.S. crude oil imports from ten major countries reached an average of 6.050 million barrels per day (bpd) last week, a rise of 69,000 bpd from the prior week’s average of 5.981 million bpd.

However, Iraq’s share in these imports significantly dropped. The report highlighted that Iraqi oil exports to the U.S. averaged only 99,000 bpd, marking a decrease of 237,000 bpd from the previous week’s average of 336,000 bpd.

Canada remained the top supplier of oil to the U.S., with an average of 4.063 million bpd. Saudi Arabia followed with 488,000 bpd, while Libya and Brazil contributed 324,000 bpd and 254,000 bpd, respectively.

The report also revealed that the U.S. imported smaller volumes from other nations, including 214,000 bpd from Venezuela, 157,000 bpd from Ecuador, 152,000 bpd from Nigeria, and 150,000 bpd from Colombia.

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