Iraqi oil exports to the United States increased last week, according to the US Energy Information Administration (EIA.) The EIA reported on Sunday that the average US crude oil imports from ten key countries reached 5.647 million barrels per day (bpd) last week, an increase of 640.000 bpd from the …
Read More »Iraq Signs Key Gas Supply Deal with Turkmenistan to Boost Power Grid
On Saturday, Iraqi Electricity Minister Ziad Ali Fadel announced the signing of an agreement with Turkmenistan to secure a daily supply of 20 million cubic meters of gas. In a statement, Fadel emphasized that this influx of gas will play a remarkable role in enhancing the country’s electricity infrastructure, saying, …
Read More »Iraq Exports over 5 Million Barrels of Oil to US in September
The US Energy Information Administration (EIA) announced on Tuesday that Iraq exported more than five million barrels of crude oil to the United States in September. Iraq’s exports of oil to the United States in September reached 5.97 million barrels, representing an increase compared to the country’s oil exports to …
Read More »Iraq Ranks 2nd in Crude Oil Exports to India over Past 9 Months
A global company that monitors oil supply and shipment volumes announced, on Wednesday, that Iraq ranked second in crude oil exports to India over the past nine months. According to Commodities at Sea, “Russia topped the list with crude oil exports to India, supplying an average of 1.7 million bpd …
Read More »EIA: Iraqi Oil Exports to US Decline over the week
The US Energy Information Administration (EIA) announced on Sunday that Iraqi oil exports to the US had dropped during the past week. “In a span of a week, the US imports of crude oil from 10 major countries amounted to 5.744 million bpd, up by 343,000 bpd from the previous …
Read More »Oil Prices Jump more than $1 as Middle East Tensions Escalate
Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran’s biggest ever military blow against Israel. Brent futures leapt $1, or 1.36%, to $74.56 a barrel, while U.S. West Texas Intermediate (WTI) crude …
Read More »EIA Reports Decline in Iraqi Oil Exports to the US
Iraqi oil exports to the United States decreased last week, according to the US Energy Information Administration (EIA) on Sunday. The EIA reported that the average US crude oil imports from eight key countries reached 5.645 million barrels per day (bpd) last week, decreased by 142.000 bpd from the previous …
Read More »Iraq’s Oil Exports to US Rise 21,000 bpd Last Week
Iraq’s oil exports to the United States increased last week, according to data released by the US Energy Information Administration (EIA) on Sunday. The EIA’s report showed that average US crude oil imports from nine major suppliers reached 5.787 million barrels per day (bpd) last week, an increase of 911,000 …
Read More »EIA: Iraqi Oil Exports to US Surge over the Week
The US Energy Information Administration (EIA) announced on Sunday that Iraqi oil exports to the US had risen during the past week. “In a span of a week, the US imports of crude oil from nine major countries amounted to 4.876 million bpd, down by 732,000 bpd from the previous …
Read More »SOMO: Iraq Cancels 1M Barrels of Crude, Defers more to Meet OPEC+ Targets
Iraq has canceled a 1-million-barrel spot crude sale and will defer two more shipments as part of efforts to comply with its OPEC+ production targets, following overproduction in the first half of the year, a senior official from the state oil marketer SOMO said on August 29 and reported by …
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