Iraq’s crude oil shipments to the United States declined significantly last week, marking a key shift in global energy trade patterns. New figures released by the US Energy Information Administration (EIA) show that Iraq oil exports to the US dropped by 48,000 barrels per day (bpd), settling at 164,000 bpd.
The sharp decrease follows the previous week’s figure of 212,000 bpd. This change reflects broader fluctuations in US oil import volumes from multiple suppliers.
Overall, the United States imported 5.416 million bpd from its top ten crude oil partners. This figure dropped by 772,000 bpd compared to the previous week’s 6.188 million bpd, highlighting a notable contraction in import activity.
Iraq oil exports to the US now rank below several other key exporters. Canada led the pack, maintaining its position as the largest oil supplier to the US with 3.766 million bpd. Ecuador followed with 441,000 bpd, while Mexico contributed 414,000 bpd. Brazil shipped 231,000 bpd, placing it ahead of Iraq in overall volume.
Saudi Arabia, once one of the most dominant players, sent only 148,000 bpd to the United States. Meanwhile, Colombia exported 124,000 bpd, Libya sent 90,000 bpd, Nigeria added 38,000 bpd, and Venezuela contributed just 25,000 bpd.
Despite global market volatility, Iraq continues to play an important role in supplying oil to international buyers. However, the recent reduction in Iraq oil exports to the US suggests shifting demand or logistical adjustments on the American side.
The US often modifies its oil sourcing based on refinery needs, seasonal consumption patterns, and geopolitical factors. Analysts also link changes in trade volumes to pricing strategies and inventory adjustments within American energy infrastructure.
Even though Iraq oil exports to the US declined, the country maintains strong export activity to other global markets. Baghdad continues to prioritize relationships with Asian and European customers, ensuring steady revenue from its oil sector.
In the weeks ahead, energy observers will monitor whether the reduction in Iraq oil exports to the US persists or rebounds. Fluctuations remain common in international oil trade, especially amid changing economic indicators.