Iraq’s Weekly Oil Exports to US Continue to Decline

SEATTLE (Oil Monster): The US Energy Information Administration (EIA) revealed that Iraq’s weekly oil exports to the United States significantly declined.

The EIA mentioned that the average US imports of crude oil during the past week from eight major countries reached approximately 5.5 million barrels per day, representing a decline of 544,000 barrels per day compared to the previous week, when US oil imports reached 6.05 million barrels per day, Shafaq News reported.

Iraq’s oil exports to the United States last week reached 46,000 barrels per day, representing a decline of 53,000 barrels per day compared to the previous week, when Iraq exported 99,000 barrels per day to the US.

According to the EIA, Canada accounted for the majority of the United States’ crude oil imports over the past week, with an average of 3.91 million barrels per day, followed by Mexico with 482,000 barrels per day and Saudi Arabia with 380,000 barrels per day.

An average of 226,000 barrels were imported daily by the United States from Venezuela, 217,000 barrels from Brazil, 150,000 barrels from Colombia, and 87,000 barrels from Nigeria.

 Courtesy: www.iraqinews.com