New data released Sunday showed strong movement in energy trade as Iraq oil exports to the U.S. increased during the past week. Analysts reported that Iraq ranked third among the largest crude oil suppliers to American markets.
According to figures published by the U.S. Energy Information Administration, Iraq shipped an average of 309,000 barrels of crude oil per day to the United States. This figure marked a sharp rise compared with the previous week.
Previously, Iraqi exports to the American market averaged about 154,000 barrels per day. Therefore, weekly shipments grew by roughly 155,000 barrels per day.
As a result, Iraq moved higher in the ranking of countries supplying crude oil to the United States. Energy analysts say this growth highlights Iraq’s continued role in global oil markets.
Meanwhile, total crude imports into the United States also increased during the same period. American refineries imported about 5.799 million barrels per day from nine major supplier countries.
In comparison, the previous week recorded around 5.655 million barrels per day. Therefore, overall imports increased by approximately 134,000 barrels daily.
However, Canada maintained its position as the largest crude oil supplier to the United States. Canadian shipments reached around 4.227 million barrels per day.
Next, Saudi Arabia ranked second on the supplier list. Saudi exporters delivered about 607,000 barrels per day to American refineries.
After that, Iraq secured the third position with 309,000 barrels per day. This performance kept Iraq ahead of several other exporting countries.
For example, Venezuela supplied roughly 232,000 barrels per day during the same week. In addition, Nigeria shipped about 156,000 barrels per day.
Other countries also contributed smaller volumes to American crude imports. Mexico exported about 140,000 barrels per day to the U.S. market.
Meanwhile, Colombia supplied around 76,000 barrels per day. Similarly, Brazil delivered approximately 50,000 barrels per day.
Finally, Libya exported a much smaller amount of crude oil. Shipments from Libya reached roughly 2,000 barrels per day during the reporting period.
Energy experts note that weekly import figures often fluctuate because of shipping schedules and refinery demand. Nevertheless, Iraq’s oil exports to the U.S. remain an important part of the global oil trade.
Furthermore, the United States continues to rely on multiple international suppliers to meet refinery demand. The country remains one of the world’s largest oil consumers, which requires large daily imports of crude oil.
Looking ahead, analysts expect moderate changes in supply levels during the coming weeks. However, Iraq’s oil exports to the U.S. will likely remain a key factor in the energy relationship between Baghdad and Washington.
