EIA Reports Sharp Decline in Iraq’s Oil Exports to the US

by Amelia

The U.S. Energy Information Administration (EIA) has reported a notable decrease in Iraq’s weekly oil exports to the United States, as part of a broader decline in overall U.S. oil imports.

The EIA’s latest data shows that U.S. crude oil imports from eight major countries averaged approximately 5.5 million barrels per day in the past week, a drop of 544,000 barrels per day from the previous week’s 6.05 million barrels per day.

Iraq’s share of these imports plunged sharply, with the country exporting only 46,000 barrels per day to the U.S., marking a decline of 53,000 barrels per day compared to the previous week when exports stood at 99,000 barrels per day.

Canada remains the dominant supplier of crude oil to the U.S., with an average of 3.91 million barrels per day. Mexico follows with 482,000 barrels per day, while Saudi Arabia contributes 380,000 barrels per day.

Other countries also contributed to the U.S. oil import mix, with Venezuela supplying 226,000 barrels per day, Brazil 217,000 barrels, Colombia 150,000 barrels, and Nigeria 87,000 barrels.

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