U.S. Records No Iraqi Crude Imports in Latest Week
U.S. Energy Information Administration data show Iraqi crude imports fell from 51,000 barrels per day to zero in the latest week, while overall U.S. crude imports increased.
ERBIL (Kurdistan24) - Iraqi crude oil exports to the United States fell to zero in the latest weekly data, after averaging 51,000 barrels per day the previous week, according to figures from the U.S. Energy Information Administration.
The data released Sunday showed that U.S. crude oil imports from nine major supplying countries averaged 6.145 million barrels per day last week.
That represented an increase of 1.196 million barrels per day compared with the previous week, when average imports from the same group stood at 4.949 million barrels per day.
Despite the overall rise in U.S. crude imports, shipments from Iraq dropped completely out of the weekly figures.
The administration reported that U.S. crude imports from Iraq declined from an average of 51,000 barrels per day in the previous week to zero barrels per day in the latest period.
The data reflects the most recent weekly import figures and does not, on its own, establish whether the absence of Iraqi crude shipments will continue over a longer period.
Canada remained by far the largest crude supplier to the United States during the week, with average shipments of 3.891 million barrels per day.
Venezuela ranked second at 624,000 barrels per day, followed by Nigeria with 376,000 barrels per day and Guyana with 354,000 barrels per day.
Brazil supplied an average of 301,000 barrels per day, while Saudi Arabia exported 228,000 barrels per day to the United States.
U.S. crude imports from Mexico averaged 186,000 barrels per day, followed by Argentina at 112,000 barrels per day and Colombia at 73,000 barrels per day.
The figures show a diverse U.S. crude supply mix, with Canada continuing to account for the largest share among the countries listed.
The United States imports crude oil and petroleum products from a range of producers to support its large domestic energy market.
According to the supplied data, U.S. daily oil consumption is estimated at around 20 million barrels, making it the world's largest oil consumer.
Against that broader backdrop, Iraq's weekly decline stands out because shipments fell from a measurable level one week earlier to none in the latest reporting period.
The supplied figures do not provide an explanation for the drop in Iraqi exports or indicate whether the decline resulted from shipping schedules, market conditions, supply decisions or other factors.
For now, the latest U.S. energy data shows only that no Iraqi crude imports were recorded during the week, even as overall U.S. imports from other major suppliers increased substantially.