EIA: Iraq’s oil exports to US surge after weeks of decline

Shafaq News/ Iraq’s crude oil exports to
the United States surged last week, rebounding after two consecutive weeks of
decline, according to the US Energy Information Administration (EIA).

The EIA’s latest data showed that US
crude imports from eight major suppliers averaged 5.275 million barrels per day
(bpd), down 231,000 bpd from the previous week’s 5.506 million bpd.

Iraq’s crude exports rose significantly
to 257,000 bpd, up by 211,000 bpd from the prior week’s 46,000 bpd, the agency
noted.

Canada remained the top crude supplier to
the US at 3.653 million bpd, followed by Mexico with 553,000 bpd, Saudi Arabia
with 277,000 bpd, and Venezuela with 198,000 bpd.

US imports from Brazil averaged 155,000
bpd, Nigeria 139,000 bpd, and Ecuador 43,000 bpd.