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Gold Prices Move Differently in Baghdad and Erbil Markets

The gold prices in Iraq showed mixed movements on Sunday across Baghdad and Erbil. Prices stayed stable in the capital while Erbil recorded a slight decline...
HomeEnergyIraqi Crude Exports to US Resume After One-Week Pause

Iraqi Crude Exports to US Resume After One-Week Pause

The Iraqi crude exports to US resumed last week after a brief interruption that lasted one week. New figures showed Iraq once again supplied crude oil to the American market. The latest data highlighted Iraq’s continued role among the world’s leading oil producers. Energy traders will likely watch future shipments for signs of stable export activity.

Fresh data released by the US Energy Information Administration showed Iraq exported an average of 71,000 barrels of crude oil per day during the past week. The recovery came after exports to the United States dropped to zero during the previous reporting period. The return of shipments marked a quick turnaround in trade between the two countries.

Iraq remains the second-largest oil producer within OPEC and continues to play an important role in global energy markets. Although the weekly export volume remained lower than several other suppliers, the renewed shipments demonstrated that Iraqi oil continues to reach American refineries. Market analysts often monitor these weekly figures because they reflect changes in supply patterns and international demand.

Canada kept its position as the largest crude oil supplier to the United States. Canadian exports averaged 3.551 million barrels per day during the same reporting period. Venezuela ranked second with 578,000 barrels per day, while Mexico followed with 346,000 barrels daily. Colombia also maintained strong exports, supplying 218,000 barrels per day to the US market.

Ecuador continued shipping oil to the United States with average exports of 174,000 barrels per day. Libya delivered 116,000 barrels daily during the week. Brazil matched Iraq’s export level by supplying 71,000 barrels each day. Nigeria recorded a much smaller volume, exporting only 3,000 barrels per day.

The latest report also showed that Saudi Arabia did not export crude oil to the United States during the reporting week. That result left Saudi shipments unchanged at zero. Weekly import figures often fluctuate because of refinery demand, shipping schedules, and commercial contracts. These factors can create noticeable changes from one reporting period to another.

The Iraqi crude exports to US remain an important indicator for energy markets. Investors and industry observers use these reports to assess global oil flows and supply trends. Continued exports could strengthen Iraq’s position in international trade if shipment levels remain steady. Future reports from the Energy Information Administration will reveal whether the recent recovery continues. The Iraqi crude exports to US will likely remain under close observation in the weeks ahead.