Iraq oil exports to US remained strong throughout July, surpassing eight million barrels. This growth placed Iraq fourth among crude suppliers to the United States. Only Canada, Saudi Arabia, and Mexico exported more oil during the same period.
According to official energy figures, Iraq sent 8.370 million barrels of crude to the United States. That marked a rise from the previous month’s total of 6.433 million barrels. This steady increase shows Iraq’s growing role in the global oil market.
Each week in July saw different export patterns. The first week brought an average of 314,000 barrels per day. In the second week, this number dropped to 273,000 barrels per day. Exports dipped again in the third week, reaching only 214,000 barrels daily. However, by the final week, shipments rebounded to 279,000 barrels per day.
Iraq oil exports to US not only increased but also helped Iraq maintain a high position among Arab oil exporters. Saudi Arabia held the top Arab spot, delivering 9.393 million barrels to the United States. Iraq followed in second, while Libya came third with 1.488 million barrels.
With this volume, Iraq played a crucial role in satisfying US energy demand. American refineries rely heavily on stable oil shipments, especially from consistent exporters like Iraq. Despite global energy shifts, Iraq continues to maintain a solid oil partnership with the US.
The data clearly reflects Iraq’s commitment to maintaining strong energy ties with international partners. Iraq oil exports to US highlight the country’s effort to boost production and remain competitive. While other oil-producing nations face output challenges, Iraq continues to show growth in its exports.
This performance underscores Iraq’s ability to respond to international demand. With oil revenues forming the backbone of Iraq’s economy, increased exports provide both income and political stability.
In conclusion, Iraq’s oil exports to the United States remain a vital element of both countries’ energy cooperation. With continued consistency, Iraq is likely to remain a top-tier exporter to the US in the coming months.