Iraqi oil exports to the US surpass 70 million barrels in seven months

Shafaq News/ The U.S. Energy Information Administration (EIA) revealed on Thursday that Iraqi oil exports to the United States soared in 2023, exceeding 70 million barrels in the first seven months alone.

According to the EIA, Iraqi exports to the US comprised both crude oil and refined products, totaling 70.230 million barrels between March and September 2023. This represents a steady increase in exports, with month-on-month comparisons showing a slight dip in September (9.843 million barrels) compared to August (9.905 million barrels), but still significantly higher than July (9.407 million barrels).

OPEC exports of crude oil and refined products to the US in the first seven months of 2023 reached 306.086 million barrels. Iraq's performance places it firmly in the second position among OPEC exporters to the United States, trailing only Saudi Arabia, whose exports reached 14.166 million barrels during the same period.