The US Energy Information Administration (EIA) disclosed that Iraq’s oil exports to the United States exceeded five million barrels in May, marking a notable decline from the previous month’s numbers.
According to the EIA, Iraq dispatched approximately 5.8 million barrels of crude oil to the US during May, averaging a daily shipment of 187,000 barrels. This was a decrease from April’s export figures, where Iraq sent 8.86 million barrels to the US with a daily average of 295,000 barrels.
During the first week of May, Iraq’s crude oil exports to the US stood at an average of 123,000 barrels per day. This number increased in the following weeks with 239,000 barrels in the second week, 233,000 barrels in the third week, and then reduced to 126,000 barrels per day in the final week.
Despite the decline in exports, the EIA highlighted that Iraq was the fourth-largest oil exporter to the US in May, trailing behind Canada, Mexico, and Saudi Arabia. Within the Arab region, Iraq secured the position as the second-largest oil exporter after Saudi Arabia.
The EIA’s data indicated that Canada retained its top spot as the largest oil supplier to the United States in May, with Mexico and Saudi Arabia following closely behind in the rankings.