The latest data released by the US Energy Information Administration (EIA) revealed a halt in United States imports of Iraqi crude oil over the past week, dropping to zero after recording 51,000 barrels per day (bpd) in the previous week.
In terms of general indicators, the total average of US crude oil imports from nine major countries registered an increase, reaching 5.078 million bpd. This marks an increase of 129,000 bpd compared to the preceding week, which stood at 4.949 million barrels.
According to the data, Canada topped the list of suppliers to the US market with an average of 3.423 million bpd, followed by Venezuela with 553,000 barrels, Brazil with 498,000 barrels, and Guyana with an average of 165,000 bpd. The remaining imports were distributed among Mexico (144,000 barrels), Argentina (136,000 barrels), Saudi Arabia (74,000 barrels), Colombia (68,000 barrels), and Nigeria (17,000 barrels).
The United States is the world's largest oil consumer, with an estimated average daily consumption of about 20 million barrels. It relies on importing crude oil and its derivatives from its network of strategic suppliers to meet part of its needs.
