The US Energy Information Administration (EIA) reported on Sunday that Iraq’s oil exports to the United States fell sharply last week.
Last week, the US imported an average of 5.8 million barrels of crude oil per day from nine major countries. That’s up by about 930,000 barrels per day compared to the previous week, when imports averaged 4.87 million barrels per day.
However, Iraq’s exports to the US dropped significantly. Iraq shipped just 75,000 barrels per day last week, down from 435,000 barrels per day the week before—a decline of 360,000 barrels per day.
The EIA noted that Canada supplied most of the US’s crude, averaging 4.26 million barrels per day. Other major suppliers included Mexico with 360,000 barrels, Brazil 256,000, and Nigeria 217,000. Smaller amounts came from Saudi Arabia (212,000 barrels), Venezuela (193,000), Colombia (144,000), and Libya (89,000).
The United States consumes more than 20 million barrels of oil each day, making it the world’s largest oil consumer.
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