Baghdad, Iraq- oil exports to the US declined last week as the country adjusted its crude import mix. The US Energy Information Administration (EIA) reported the drop on Sunday, highlighting changes in import volumes from multiple suppliers.
According to EIA data, the US imported an average of 5.535 million barrels per day (bpd) last week. This marked an increase of 260,000 bpd from the previous week’s 5.275 million bpd. However, despite the overall rise in imports, Iraqi oil exports to the US saw a decline.
Iraq shipped 228,000 bpd of crude to the US last week. This represented a decrease of 29,000 bpd compared to the 257,000 bpd recorded in the prior week. The shift reflects fluctuations in US crude sourcing and demand dynamics.
Canada remained the largest oil supplier to the US, delivering an average of 3.818 million bpd. Mexico followed with 445,000 bpd, while Venezuela contributed 276,000 bpd. Saudi Arabia provided 252,000 bpd, maintaining its position as a key supplier.
Other oil-exporting nations also played a role in the US import landscape. Ecuador shipped 191,000 bpd, while Brazil supplied 171,000 bpd. Colombia contributed 150,000 bpd, and Nigeria rounded out the list with 77,000 bpd.
The decline in Iraqi oil exports to the US comes as global markets react to shifting energy demands. The US continues to diversify its crude sources while balancing domestic production with imports. Energy analysts will closely monitor Iraq’s future export levels and their impact on trade dynamics.
As the global oil market evolves, fluctuations in crude exports remain a key factor. Iraqi oil exports to the US will likely see further changes, depending on production levels, international agreements, and market conditions.
