Home Iraqi News Iraq ranks second in crude oil exports to US, with $511 million...

Iraq ranks second in crude oil exports to US, with $511 million in June shipments

0
26
Iraq ranks second in crude oil exports to US with 511 million in June shipments
Iraq ranks second in crude oil exports to US with 511 million in June shipments

According to data from the US Department of Commerce, Arab nations shipped $1.41 billion worth of crude oil to the United States in June.

With exports totaling $616.15 million and delivering approximately 7.15 million barrels of crude oil, Saudi Arabia topped the list. Iraq came in close behind with 6.05 million barrels worth $511.33 million, which is a slight decrease from the 6.46 million barrels it exported in May.

With exports of 2 million barrels worth $175.81 million, the UAE came in third place. Fourth in terms of value, Libya’s exports to the United States totaled 1.23 million barrels, or $107.64 million.

With 692,000 barrels shipped to the US, Kuwait was the fifth-largest exporter in the group, worth $58.334 million.