U.S. imports from Iraq rebound after hitting zero last week
In spite of a spike in exports from Iraq, U.S. imports of crude oil decreased little last week, according to statistics obtained by
For the week ending February 18, total imports from nine major suppliers averaged 5.425 million barrels per day (bpd), a little decrease of 34,000 bpd from the previous week’s 5.459 million bpd.
But Iraq’s export figures to the US increased from zero the previous week to 43,000 bpd. Declines from other significant suppliers, including as Canada (-26,000 bpd), Mexico (-15,000 bpd), and Colombia (-10,000 bpd), countered this increase.
With an average of 3.999 million barrels per day, Canada continues to be the largest exporter of crude oil to the United States, followed by Mexico (294,00 barrels) and Saudi Arabia (390,000 barrels).