Iraq's oil exports to U.S. rise

Economy 12:04 PM - 2022-06-05

The US Energy Information Administration (EIA) announced on Sunday that Iraq's oil exports rose during the past week, reaching an average of 326,000 barrels per day.

The EIA said in a report, that "the average US imports of crude oil during the past week from nine countries amounted to 5.561 million barrels per day, down by 325,000 barrels per day from the previous week, which amounted to 5.886 million barrels per day."

It added, "Iraq's oil exports to America amounted to an average of 326,000 barrels per day last week, up by 44,000 barrels from the previous week, which amounted to an average of 282,000 barrels per day."

It also noted that "most of America's oil revenues during the past week came from Canada, at a rate of 3.444 million barrels per day, followed by Mexico at a rate of 747,000 barrels per day, and oil revenues from Saudi Arabia at a rate of 345,000 barrels per day, and then Colombia at a rate of 215,000 barrels per day."

According to the EIA, "the amount of US imports of crude oil from Nigeria reached an average of 193,000 barrels per day, and from Brazil at a rate of 172 thousand barrels per day, and the average imports from Trinidad and Tobago amounted to 71 thousand barrels per day, while no quantity was imported from Russia."



PUKmedia 

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