**Decrease in Iraq’s Oil Exports to the U.S.**
The U.S. Energy Information Administration (EIA) has reported a notable decline in Iraq’s oil exports over the past week. According to the administration, the average import of crude oil in the U.S. from eight major countries rose to 5.577 million barrels per day, reflecting an increase of 42,000 barrels per day compared to the previous week’s average of 5.535 million barrels per day.
Significantly, Iraqi oil exports to the United States have decreased sharply, falling to an average of 46,000 barrels per day—down by 182,000 barrels per day from the previous week’s figure of 228,000 barrels per day.
The EIA also highlighted that Canada continued to be the dominant source of oil revenue for the United States, contributing 4.091 million barrels per day. Brazil followed with 418,000 barrels per day, while Mexico provided an average of 308,000 barrels per day, and Colombia contributed 227,000 barrels per day.
Furthermore, U.S. imports of crude oil from Saudi Arabia reached 203,000 barrels per day, while imports from Venezuela totaled 189,000 barrels per day, and Ecuador supplied 95,000 barrels per day.
| Country | Average Daily Exports (Barrels) |
|---|---|
| Canada | 4,091,000 |
| Brazil | 418,000 |
| Mexico | 308,000 |
| Colombia | 227,000 |
| Iraq | 46,000 |
| Saudi Arabia | 203,000 |
| Venezuela | 189,000 |
| Ecuador | 95,000 |
This decline in Iraqi oil exports highlights a significant shift in the U.S. oil supply dynamics, emphasizing the ongoing changes in global energy markets. As the U.S. seeks to diversify its energy sources, the implications for Iraq’s economy and oil sector could be substantial.
