Iraq oil growth reached new heights in May as the country boosted crude exports to the United States. The latest report from the US Energy Information Administration shows a major rise in shipments. In May, Iraq exported 5.54 million barrels of oil to the US, up from 4.59 million barrels in April.
This steady increase shows that Iraq oil growth is continuing to gain momentum. The weekly export data from May highlights the growing demand for Iraqi oil. During the first week of May, Iraq sent an average of 152,000 barrels per day. In the second week, this number dropped to 85,000 barrels per day. But exports surged again in the third and fourth weeks, reaching 235,000 and 214,000 barrels per day, respectively.
Iraq ranked sixth among oil exporters to the US in May. The leading oil supplier was Canada, followed by Mexico, Saudi Arabia, Brazil, and Colombia. Iraq came just after these top five exporters, marking a strong position in the global oil market.
Among Arab countries, Iraq was the second-largest oil supplier to the United States. Saudi Arabia took the lead with 11.8 million barrels, while Libya followed Iraq with 1.67 million barrels. These numbers underline Iraq’s strong role in meeting American energy needs.
Iraq oil growth did not just begin this year. In 2024, the country exported more than 95 million barrels of crude and oil products to the US. This figure reflects Iraq’s steady climb as a reliable energy partner.
Iraq’s rising oil exports come from its ability to expand production while staying competitive. Global energy demands continue to grow, especially as economies recover and consumption increases. Iraq has used this opportunity to increase shipments and reach more international markets.
Many industry experts believe that Iraq will maintain its upward trend.as well as Infrastructure improvements and increased production capacity are helping Iraq secure a stronger role in the global oil market. The country’s consistent oil output helps stabilize its economy and strengthens trade with major countries like the United States.
Iraq oil growth signals more than a trade success. It shows Iraq’s recovery and development in the energy sector. With stable production and high demand, Iraq will likely continue expanding its oil exports in the months ahead.