Iraq oil exports to US rise significantly in weekly trade. The latest data shows a major increase in Iraq’s oil shipments to the United States. This rise highlights stronger energy trade between Baghdad and Washington.
The US Energy Information Administration reported this shift in its recent update. According to the report, Iraq boosted its crude oil exports to 213,000 barrels per day last week. This number marks a sharp rise from the previous week’s 84,000 barrels per day.
The increase equals a gain of 129,000 barrels per day. Iraq oil exports to US rise significantly in weekly trade, showing renewed momentum. This change also reflects shifting import patterns in the US market.
Meanwhile, overall US crude imports from ten key countries averaged 4.96 million barrels daily last week. This shows a drop of 492,000 barrels per day compared to the week before. At that time, the US imported about 5.45 million barrels per day.
Despite the weekly rise from Iraq, Canada remains the top oil supplier to the US. Canada exported an average of 3.22 million barrels daily. Mexico followed with 394,000 barrels, while Saudi Arabia provided 356,000 barrels per day.
Other exporters included Brazil at 173,000 barrels, Nigeria at 137,000, and Ecuador at 136,000 barrels per day. Venezuela sent 132,000 barrels per day, Colombia 110,000 barrels, and Libya 90,000 barrels daily.
The recent jump in Iraq’s exports stands out among these figures. Iraq oil exports to US rise significantly in weekly trade, reflecting increased demand or supply shifts.
This trend could indicate a stronger oil relationship between Iraq and the United States. The reasons behind the change might involve logistics, pricing, or short-term market needs. However, it still shows Iraq’s ability to adjust oil flows to global markets.
Analysts will watch whether this trend continues in the coming weeks. Iraq continues to play a key role in international energy supplies, especially within OPEC. Its oil remains crucial for both regional and global buyers.