Friday, November 22, 2024

Baghdad

Iraq’s oil exports to the US surpass 115 million barrels in 2023

 Iraq’s oil exports to the US surpass 115 million barrels in 2023

Part of the Rumaila oilfield. Photo: Rumaila Operating Organization

Baghdad (IraqiNews.com) – The US Energy Information Administration (EIA) announced on Tuesday that Iraq’s crude oil exports to the United States surpassed 115.26 million barrels in 2023.

The EIA mentioned that Iraq’s exports of oil and oil derivatives in December 2023 were approximately 6.92 million barrels, representing an increase of around 1.57 million barrels compared to the country’s oil exports to the US in November, when they were nearly 5.35 million barrels, Shafaq News reported.

Last month, Iraq’s oil exports to the United States surpassed four million barrels.

Iraq’s crude oil exports to the United States in February were nearly 4.38 million barrels, with an average daily shipment of 127,000 barrels. This figure is less than Iraq’s oil exports to the US in January 2024, when they reached 5.38 million barrels, with an average daily export of 173,000 barrels.

Iraq did not export crude oil to the United States during the first week of February but exported an average of 43,000 barrels per day in the second week, 226,000 barrels per day in the third week, and 240,000 barrels per day in the fourth week.