Iraq’s oil exports to the US declined last week
Men work at the Rumaila oil refinery, near the southern Iraqi city of Basra. Photo: AP
Baghdad (IraqiNews.com) – Iraq’s oil exports to the United States declined during the past week, reaching an average of 122,000 barrels per day, according to Shafaq News.
Oil exports from Iraq to the United States decreased by an average of 94,000 barrels per day, compared to the previous week.
The Iraqi oil exports to the United States were 216,000 barrels per day in the week before, Shafaq News reported.
The average US imports of crude oil during the past week from nine major countries were 5,833,000 barrels per day, up by 124,000 barrels per day in comparison with the previous week, when the United States imported 5,709,000 barrels per day.
Iraq’s total exports of crude oil during June were nearly 100.06 million barrels, with revenues estimated at $7.11 billion, according to row data issued by the State Organization for Marketing of Oil (SOMO).
The country’s oil export revenues in May were more than $7.3 billion and slightly exceeded $7.69 billion in April, according to an official statement.