Baghdad (IraqiNews.com) – The United States’ imports of Iraqi crude oil rose slightly last week following a complete halt in the week before, according to data released by the US Energy Information Administration (EIA).
The United States imported approximately 43,000 barrels per day of Iraqi oil last week, indicating a limited return of Iraqi supplies to the US market, local news outlet Shafaq News reported.
According to the EIA, Canada accounted for the majority of the United States’ crude oil imports over the previous week, with an average of 3.67 million barrels per day, followed by Venezuela with 568,000 barrels per day, Brazil with 414,000 barrels per day, Mexico with 323,000 barrels per day, Ecuador with 300,000 barrels per day, Saudi Arabia with 283,000 barrels per day, and Colombia with 167,000 barrels per day.
Nigeria followed Iraq with exports of 23,000 barrels per day to the United States and Libya with 8,000 barrels per day.
Iraq’s weekly oil exports to the United States have varied in the past few weeks. They peaked at 195,000 barrels per day at the end of April, then gradually declined to 76,000 barrels per day. Subsequently, exports increased to 100,000 barrels per day before declining once more to 67,000 barrels per day during the third week of May.
The United States consumes over 20 million barrels of oil each day, making it the world’s largest consumer.