Iraq oil exports to US recorded a notable fall last week, showing clear shifts in global crude flows. Officials confirmed that Iraq shipped 162,000 barrels per day to the United States. This volume represented a significant drop compared to the previous week’s exports.
The United States increased its overall crude imports despite Iraq’s lower supply. The US Energy Information Administration reported that American crude imports reached 5.69 million barrels per day. This figure showed a rise compared to the earlier week, when imports totaled 5.44 million barrels per day. Thus, overall demand stayed strong while Iraq oil exports to US went down.
Canada remained the largest crude supplier for the American market. Canada shipped 3.85 million barrels daily, securing a dominant position in the US energy mix. After Canada, Mexico supplied 437,000 barrels per day, followed by Brazil with 343,000 barrels. Libya contributed 280,000 barrels, reinforcing its role as a growing exporter to the United States.
Meanwhile, Saudi Arabia shipped 268,000 barrels per day, a figure higher than Iraq’s weekly total. Colombia followed with 137,000 barrels, while Nigeria sent 93,000 barrels. Venezuela added 74,000 barrels, and Ecuador completed the list with 44,000 barrels daily. These figures illustrate the diversity of America’s energy sources.
The decline in Iraq oil exports to US highlighted changes in market preferences. Many analysts believe that competitive pricing and shipping logistics influenced these numbers. Additionally, regional demand and production levels shaped Iraq’s ability to maintain higher export volumes.
However, Iraq continues to hold an important place in the US import basket. Even with reduced numbers, the country still supplies a steady flow of oil. Industry experts stress that Iraq oil exports to US will likely remain a key factor in future trade. Global oil markets depend on dynamic adjustments, and Iraq’s role is part of that broader balance.
As demand shifts among major suppliers, the United States secures imports from multiple sources. This strategy reduces risks and ensures stable energy supplies. For Iraq, fluctuations in weekly figures underline the importance of diversifying export markets.