Iraq Achieves Major Surge in Oil Exports to the U.S. and Surpassing Saudi Arabia.

Iraq Achieves Major Surge in Oil Exports to the U.S. and Surpassing Saudi Arabia.

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Iraq Achieves Major Surge in Oil Exports to the U.S. and Surpassing Saudi Arabia.

The U.S. Energy Information Administration (EIA) announced on Thursday that Iraq's crude oil exports to the United States exceeded 7 million barrels in November, marking an increase of more than 2.5 million barrels compared to the previous month.

According to the EIA's report, Iraq exported 7.920 million barrels of crude oil to the U.S. in November, up from 4.495 million barrels in October."

The report added that Iraq exported an average of:

- 149,000 barrels per day during the first week of November,

- 92,000 barrels per day in the second week,

- 397,000 barrels per day in the third week, and

- 435,000 barrels per day in the fourth week.

The EIA noted that Iraq ranked third among oil exporters to the U.S. in November, following Canada in first place and Mexico in second.

Additionally, Iraq was the top Arab oil exporter to the U.S., ahead of Saudi Arabia, which exported 7.380 million barrels, and Libya, which exported 1.440 million barrels.