Friday, November 22, 2024

Baghdad

Iraq exports over 5 million barrels of oil to US in May

 Iraq exports over 5 million barrels of oil to US in May

Oil tankers dock at a floating platform to be supplied with oil. Photo: Oil and Gas Middle East

Baghdad (IraqiNews.com) – The US Energy Information Administration (EIA) said on Saturday that Iraq’s oil exports to the United States surpassed five million barrels during May.

According to the EIA, Iraq’s crude oil exports to the United States in May were approximately 5.8 million barrels, with an average daily shipment of 187,000 barrels, less than Iraq’s oil exports to the US in April, when they were 8.86 million barrels, with an average daily export of 295,000 barrels.

Crude oil exports from Iraq to the United States during the first week of May were 123,000 barrels on average per day; in the second week, 239,000 barrels; in the third week, 233,000 barrels; and in the fourth week, 126,000 barrels on average per day.

The EIA mentioned that Iraq was the fourth-largest oil exporter to the United States during May, following Canada, Mexico, and Saudi Arabia, and the second-largest oil exporter in the Arab region, following Saudi Arabia.

According to the EIA, Canada was the largest oil supplier to the United States in May, followed by Mexico and Saudi Arabia.