Iraq’s Oil Exports to the U.S. Decline to 5 Million Barrels in February

Iraqi flag in front of an oil field. (AFP)
Iraqi flag in front of an oil field. (AFP)

The U.S. Energy Information Administration (EIA) announced on Sunday that Iraq’s crude oil exports to the United States totaled 5 million barrels in February, marking a decline from 6.231 million barrels in January.

According to the EIA’s latest data, Iraq’s daily crude exports to the U.S. fluctuated throughout February. The country shipped an average of 257,000 barrels per day in the first week, 228,000 barrels per day in the second week, 46,000 barrels per day in the third week, and 170,000 barrels per day in the final week.

Despite the drop in exports, Iraq ranked sixth among the largest crude oil suppliers to the U.S. last month. Canada retained its position as the top exporter, followed by Mexico, Saudi Arabia, Brazil, and Venezuela.

Among Arab nations, Iraq was the second-largest oil exporter to the U.S., following Saudi Arabia, which shipped 7.056 million barrels in February. Libya ranked third.

The decline in Iraq’s oil exports to the U.S. comes amid shifting global energy dynamics, fluctuating demand, and geopolitical factors affecting supply routes and production levels.