Iraq’s oil exports to the United States fell sharply in September, according to the US Energy Information Administration (EIA). Shipments totaled 4.200 million barrels, down from 7.936 million barrels in August. Analysts said the decline reflects a mix of logistical challenges, pipeline limitations, and shifting dynamics in the global oil market.
The EIA provided detailed weekly export figures, showing notable fluctuations. Iraq shipped an average of 231,000 barrels per day (bpd) in the first week of September. Volumes fell to 123,000 bpd in the second week. The third week saw a rebound to 197,000 bpd, but exports fell sharply in the fourth week to just 8,000 bpd. This uneven performance contributed to the overall monthly decline.
Despite the drop, Iraq’s oil exports to the US remained among the top crude suppliers to the US. It ranked sixth overall, trailing Canada, Mexico, Saudi Arabia, Brazil, and Nigeria. Among Arab exporters, Iraq was second, behind Saudi Arabia, which shipped 7.290 million barrels. Libya ranked third with 3.030 million barrels.
Industry experts highlighted several reasons for the reduced exports. Pipeline maintenance and storage capacity issues limited Iraq’s ability to ship crude consistently. OPEC+ production adjustments and seasonal changes in global demand also affected flows. Analysts warned that this temporary shortfall could influence US crude supply patterns and refinery operations.
The EIA report underscores the volatility of international oil markets. Reduced exports from Iraq show how local disruptions can ripple through global trade. US refiners may turn to other suppliers to maintain supply stability and meet domestic demand.
In conclusion, traders and market watchers are now focused on October shipments. They will track whether Iraq can restore its export levels or if challenges will continue. The coming weeks are expected to reveal whether Iraq’s crude flows to the US will stabilize or face further declines.