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HomeEnergyDecline in Iraqi Oil Exports to the United States

Decline in Iraqi Oil Exports to the United States

Iraqi oil exports to the US dropped sharply last week, according to the latest data from the US Energy Information Administration (EIA). The EIA said US crude imports from ten major countries averaged 4.708 million barrels per day (bpd). That marked a weekly decline of 508,000 bpd compared to the previous week’s 5.216 million bpd.

The report showed that Iraqi oil exports to the US averaged just 92,000 bpd. This figure was 163,000 bpd less than the previous week’s 255,000 bpd. The reduction signals a notable shift in oil trade volumes between Baghdad and Washington.

Canada remained the largest oil supplier to the United States, averaging 3.580 million bpd. Saudi Arabia followed with 257,000 bpd, while Mexico came next with 256,000 bpd. Brazil exported 141,000 bpd, continuing its steady presence in the US market.

Meanwhile, Venezuela supplied 121,000 bpd, and Nigeria shipped 119,000 bpd. Colombia and Ecuador also contributed smaller amounts, sending 72,000 and 70,000 bpd, respectively.

Analysts noted that Iraqi oil exports to the US may have declined due to shifting market dynamics and refinery maintenance in North America. Seasonal demand changes and supply diversification efforts have also affected these flows.

Despite the recent drop, Iraq continues to play a key role in global crude markets. The country remains one of the leading oil exporters in the Middle East. However, Iraqi oil exports to the US may fluctuate in the coming months as both countries adjust their energy trade strategies.

Energy observers expect the EIA to release updated figures next week, offering more insight into regional export trends.