Sunday, November 5, 2023

Iraq surpasses Saudi Arabia and is ranked third among the largest oil exporters to America, 5 NOV

 Iraq surpasses Saudi Arabia and is ranked third among the largest oil exporters to America

The US Energy Information Administration reported an increase in Iraq’s oil exports to the US last week.
According to the latest data from the administration, the average amount of crude oil imported by the US from nine major countries in the past week was 5.645 million barrels per day. This marks an increase of 392 thousand barrels per day compared to the previous week, which saw an import of 5.253 million barrels per day.

During the previous week, Iraq’s oil exports to the US increased by 169,000 barrels per day to reach 351,000 barrels per day on average.

During the past week, America’s oil revenues mainly came from Canada, with an average of 3,485 million barrels per day. Mexico followed with an average of 1,004 million barrels per day. Oil revenues from Saudi Arabia amounted to an average of 294 thousand barrels per day, and then Brazil with an average of 168 thousand barrels per day.

The administration reports that the United States imports 133,000 barrels of crude oil per day from Ecuador, 106,000 barrels per day from Libya, 74,000 barrels per day from Colombia, and 30,000 barrels per day from Nigeria. No crude oil is imported from Russia.


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