Washington: Iraq’s oil exports to the United States saw a significant increase last week, as reported by the US Energy Information Administration (EIA) on Sunday. The rise in exports marks an important development in the trade relations between the two countries, with implications for the global oil market.
According to National Iraqi News Agency, the EIA’s statistics revealed that the average US crude oil imports from 10 major countries reached 6.188 million barrels per day last week. This figure represents an increase of 952,000 barrels per day compared to the previous week’s total of 5.236 million barrels per day.
The report highlighted that the average Iraqi oil exports to the United States climbed to 212,000 barrels per day last week. This marks an increase of 29,000 barrels per day from the previous week’s exports, which stood at 183,000 barrels per day.
The EIA’s data also indicated that Canada was the largest oil exporter to the United States last week, followed by Nigeria, Saudi Arabia, Mexico, an
d Brazil. Additionally, the United States continued to receive crude oil imports from Colombia, Ecuador, Libya, and Venezuela.
The increase in Iraqi oil exports to the United States underscores the dynamic nature of global oil trade and the shifting patterns in energy supply and demand.