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Iraq passes Saudi Arabia with oil exports to America


yota691
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  •  Time: 05/01/2021 09:11:51
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US oil exports go up to 270,000 barrels
  
{Economic: Al Furat News} The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to the United States of America have risen to 270 thousand barrels per day during the past week.
 

"The average US imports of crude oil during the past week from nine countries amounted to 5 million and 728 thousand barrels per day, up by one million and 235 thousand barrels per day from the previous week, which amounted to 4 million and 493 thousand barrels," the administration said in a report.

The report stated, "The United States imported crude oil from Iraq at a rate of 270 thousand barrels per day, higher than the previous week, which reached an average of 34 thousand barrels per day."

He pointed out that "most of America's oil revenues during the past week came from Canada at a rate of 3 million and 492 thousand barrels per day, followed by Mexico, whose imports amounted to 608 thousand barrels per day, followed by Saudi Arabia, whose imports amounted to 480 thousand barrels per day, and Colombia at a rate 294 thousand barrels per day. "

The US Energy Information Administration report continued that "the amount of imports of crude oil from Ecuador amounted to 225 thousand barrels per day, followed by Russia, whose imports amounted to 169 thousand barrels per day, followed by Nigeria, whose imports amounted to 119 thousand barrels per day, followed by Brazil, which amounted to 119 thousand barrels per day." Imports from them average 71 thousand barrels per day. "

Raghad Daham

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Monday 10 May 2021 | 09:56 a.m.
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The US Energy Information Administration announced, on Monday, that Iraq's oil exports to America exceeded 4 million barrels during the month of April .

The administration said in her schedule; "Iraq exported crude oil to America during the past month 4 million and 260 thousand barrels, at a rate of 142 thousand barrels per day," indicating that "Iraq exported during the first week of April at a rate of 223 thousand barrels per day, while an average of 34 thousand barrels per day per week was issued. The second, while an average of 270 barrels per day was issued in the third week, noting that "the fourth week, these exports amounted to 41 thousand barrels per day ."

The US Energy Information Administration stated; "Iraq came in seventh place after Canada, Mexico, Saudi Arabia, Colombia, Ecuador and Russia, and the second place in the Arab world after Saudi Arabia, whose exports to America during the month of April reached 8 million and 970 thousand barrels," indicating that "Canada came first as the most oil-exporting country to America, followed by Mexico." ".

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 2021-05-15 07:30
 

Shafaq News / The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to America amounted to 223 thousand barrels per day, overtaking Saudi Arabia during the past week.

The administration said in a report seen by Shafaq News: "The average US imports of crude oil during the past week from 8 countries amounted to 5 million 286 thousand barrels per day, up by 132 thousand barrels per day from the previous week, which amounted to 5 million 154 thousand barrels per day."

And she added, "America imported crude oil from Iraq during the past week at a rate of 223 thousand barrels per day, surpassing Saudi Arabia, whose imports amounted to 189 thousand barrels per day."

She pointed out that "most of America's oil revenues during the past week came from Canada at a rate of 3.369 million barrels per day, followed by Mexico, whose imports amounted to 739 thousand barrels per day, followed by Colombia, whose imports amounted to 209 thousand barrels per day."

She indicated that the amount of US imports from Ecuador amounted to 295 thousand barrels per day, and from Nigeria at a rate of 129 thousand barrels per day, and from Russia amounted to 143 thousand barrels per day.

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 2021-06-06 07:43
 

Shafaq News/ The US Energy Information Administration announced on Sunday that Iraq's oil exports to America exceeded 5 million barrels during the month of May.

The administration said in its schedule, which was reviewed by Shafak News Agency, that "Iraq exported crude oil to America during the past month, 5 million and 857 thousand barrels, at a rate of 195 thousand barrels per day," an increase from the month of April, in which oil exports to America amounted to 4 million and 260 thousand barrels, at a rate of 142 thousand. barrels per day.

He added that "Iraq exported during the first week of May an average of 235,000 barrels per day, while an average of 199,000 barrels per day was exported in the second week, while an average of 184 thousand barrels per day was exported in the third week," noting that "the fourth week these exports amounted to an average of 163,000 barrels per day.

The US Energy Information Administration reported; Iraq ranked seventh after Canada, Mexico, Saudi Arabia, Colombia, Ecuador and Russia, and ranked second in the Arab world after Saudi Arabia, whose exports to America during the month of May amounted to 8 million and 3340 thousand barrels per day, indicating that "Canada ranked first as the most oil-exporting country to America, followed by Mexico".

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Today, Saturday, the US Energy Information Administration announced a decrease in Iraqi oil exports to America, as it reached 155,000 barrels during the past week.

The administration said in a report seen by Alsumaria News, "The average US imports of crude oil during the past week from nine countries amounted to 6 million and 79 thousand barrels per day, an increase of 187 thousand barrels per day from the previous week, which amounted to 5.892 million barrels."
 
 
 


She added, "America imported crude oil from Iraq an average of 155 thousand barrels per day, while it imported 305 thousand barrels per day in the previous week.”

The administration indicated that “most of America’s oil revenues during the past week came from Canada At a rate of 3.435 million barrels per day, followed by Mexico The amount of imports from them amounted to an average of 878,000 barrels per day, followed by Saudi Arabia, whose imports amounted to 555,000 barrels per day, then Brazil With a quantity of 349,000 barrels per day.



She pointed out, "The amount of US imports of crude oil from Colombia It reached an average of 340,000 barrels per day, followed by Nigeria Of which imports amounted to an average of 183 thousand barrels per day, followed by Russia At a rate of 159 thousand barrels per day, followed by Ecuador at a rate of 29 thousand barrels per day."

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 2021-07-04 04:27
 

Shafaq News/ The US Energy Information Administration announced on Sunday that Iraq's oil exports to America exceeded 5 million barrels of oil during the month of June.

And the administration said in its schedule, seen by Shafak News Agency, that "Iraq exported crude oil to America during the past month, 5 million and 790 thousand barrels, at a rate of 193 thousand barrels per day", down from the month of May, in which oil exports to America amounted to 6 million and 45 thousand barrels, at a rate of 195,000 barrels per day.

He added that "Iraq exported during the first week of May at a rate of 173 thousand barrels per day, while an average of 305 thousand barrels per day was exported in the second week, while an average of 151 thousand barrels per day was exported in the third week," noting that "the fourth week these exports amounted to an average of 142 thousand barrels per day.

The US Energy Information Administration reported; Iraq ranked fifth after Canada, Mexico, Saudi Arabia and Russia, and ranked second in the Arab world after Saudi Arabia, whose exports to America during June reached 12 million and 330 thousand barrels per day, indicating that "Canada ranked first as the most oil-exporting country to America, followed by Mexico." .

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Iraqi oil exports to America rise to 229,000 barrels per day

Economie09:55 - 10/07/2021

 
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Baghdad - Mawazine News:
Iraqi oil exports to the United States recorded an average increase of 229,000 barrels per day during the past week.
The US Energy Information Administration stated, in a report followed by / Mawazine News, that "the average US imports of crude oil during the past week from seven countries amounted to 5.251 million barrels per day, an increase of 12 thousand barrels per day from the previous week, which amounted to 5.239 million barrels."
The administration indicated, "America imported crude oil from Iraq at a rate of 229,000 barrels per day, up from 142,000 barrels in the previous week.
And she added, "Most of America's oil revenues during the past week came from Canada, at a rate of 3.744 million barrels per day, followed by Mexico, whose imports amounted to 408,000 barrels per day, followed by Saudi Arabia, whose imports amounted to 316,000 barrels per day, then Russia, with an amount of 316 thousand barrels per day. an average of 258,000 barrels per day.
The administration indicated that "the amount of US imports of crude oil from Colombia amounted to 154 thousand barrels per day, followed by Nigeria, whose imports amounted to 142 thousand barrels per day." Ended 29/A43

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Sat, 24 Jul 2021 9:38 AM

Follow-up / National News Center المركز

Today, Saturday, the US Energy Information Administration announced that Iraqi oil exports to America increased to 480,000 barrels per day, during the past week, bypassing Saudi Arabia.

The administration stated in a report seen by the "National News Center", that "the average US imports of crude oil during the past week from nine countries amounted to 6 million and 101 thousand barrels per day, an increase of 948,000 barrels per day compared to the previous week."
The report added, "America imported crude oil from Iraq at a rate of 480,000 barrels per day, an increase of 298 thousand barrels from the previous week, which amounted to 182,000 barrels."
He pointed out that "most of America's oil revenues during the past week came from Canada at a rate of 3.611 million barrels per day, followed by Mexico, whose imports amounted to 797,000 barrels per day, then Iraq at 480,000 barrels per day, Saudi Arabia at 359 thousand barrels, and Russia with an amount of It reached 306 thousand barrels per day.”

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 2021-07-24 02:17
 

Shafaq News/ The US Energy Information Administration announced on Saturday that Iraqi oil exports to America rose to 480,000 barrels per day during the past week, surpassing Saudi Arabia.

The administration said in a report seen by Shafak News Agency; The average US imports of crude oil during the past week from nine countries amounted to 6 million and 101 thousand barrels per day, an increase of 948,000 barrels per day over the previous week, which amounted to 5153 million barrels per day.

She added, "America imported crude oil from Iraq last week at a rate of 480,000 barrels per day, up by 298 thousand barrels from the previous week, which amounted to 182,000 barrels."

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.611 million barrels per day, followed by Mexico, whose imports amounted to 797,000 barrels per day, followed by Saudi Arabia, whose imports amounted to 359 thousand barrels per day, then Russia, with an amount of 359 thousand barrels per day." An average of 306 thousand barrels per day.

 

She noted that the amount of US imports from Nigeria amounted to an average of 195 thousand barrels per day, and from Ecuador amounted to 171 thousand barrels per day, followed by Colombia, which amounted to 144 thousand barrels per day, and from Brazil, which amounted to 68,000 barrels per day.

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Despite its decline, oil prices achieve the highest weekly gains

Economie11:00 - 30/07/2021

 
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Follow-up - Mawazine News:
Oil prices fell, during trading today, Friday, but they are still on the path to achieving significant weekly gains, in light of the growth in demand for crude at a faster pace than supply.
And Brent crude futures fell 0.6 percent to $75.60 a barrel by 05:06 GMT, after jumping 1.75 percent on Thursday.
Meanwhile, US West Texas Intermediate crude futures fell 0.6 percent to $73.19 a barrel, reducing a gain it made on Thursday by 1.7 percent.
"Oil prices fell slightly on cautious sentiment across Asia-Pacific markets as investors weighed virus fears, weaker-than-expected US GDP and jobs data," said Margaret Yang, a strategist at Singapore-based DailyFX.
The two benchmark contracts are heading towards achieving gains of about two percent for the week, supported by indications of tight crude supplies and strong demand in the United States, the largest oil consumer in the world.
Yang said: "This week, oil prices received support from a weaker US dollar and strong earnings for US companies. However, the rise in Covid-19 cases due to infection with the mutated strain (Delta) in the United States may cast a shadow on the demand outlook." Ended 29/A43

 
 
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 2021-07-31 06:02
 

 

Shafaq News/ The US Energy Information Administration announced on Saturday that Iraq's oil exports to the United States decreased by 335,000 barrels per day during the past week.

 

The administration said in a report seen by Shafak News Agency, "The average US imports of crude oil during the past week from nine countries amounted to five million and 197 thousand barrels per day, down by 934 thousand barrels per day from the previous week, which amounted to six million and 131 thousand barrels."

 

And she added, "America imported crude oil from Iraq at a rate of 145,000 barrels per day, down by 335,000 barrels per day from the previous week, which amounted to 480,000 barrels per day."

 

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3,476 thousand barrels per day, followed by Mexico, whose imports amounted to 621,000 barrels per day, followed by Russia, whose imports amounted to 449,000 barrels per day, and then Saudi Arabia." With a quantity of 363,000 barrels per day.

 

According to the administration, "the amount of US imports of crude oil from Ecuador amounted to 168,000 barrels per day, followed by Colombia, which imports amounted to 144 thousand barrels per day, followed by Brazil, which amounted to 139 thousand barrels per day, followed by Nigeria, which amounted to 55 thousand barrels per day." .

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 2021-08-09 05:38
 

Shafaq News/ The US Energy Information Administration announced on Monday that Iraq's oil exports to America exceeded 6 million barrels during the month of July.

The administration said in its schedule, seen by Shafak News Agency, that "Iraq exported 6 million and 660 thousand barrels of crude oil to America during the past month, at a rate of 222 thousand barrels per day", up from the month of May, in which oil exports to America amounted to 5 million and 790 thousand barrels, at a rate of 193. thousand barrels per day.

He added that "Iraq exported during the first week of July at a rate of 182 thousand barrels per day, while an average of 480 thousand barrels per day was issued in the second week, while an average of 145 thousand barrels per day was exported in the third week," noting that "the fourth week these exports amounted to an average of 82,000 barrels per day.

The US Energy Information Administration reported; That "Iraq came in fifth place after Canada, Mexico, Saudi Arabia and Russia, and second in the Arab world after Saudi Arabia, whose exports to America during the month of June reached 10 million and 650 thousand barrels per day," noting that "Canada ranked first as the most oil-exporting countries to America, followed by Mexico." .

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57 minutes ago, yota691 said:

Iraq's oil exports to America exceeded "six million" barrels last July

"Iraq exported 6 million and 660 thousand barrels of crude oil to America during the past month, at a rate of 222 thousand barrels per day"

 

Thanks yota691 ... we can thank the Democrats for increasing the average cost of gas well over $1/gallon in the last few months.  Reverse progress for the US, and good news for Iraq. Trump madeus energy independent and Biden reversed it. :salute:RON 

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America raises its forecast for oil production by the end of this year

Economie08:49 - 10/08/2021

 
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Follow-up - Mawazine News
, the US Department of Energy raised its forecast for oil production in the country at the end of this year by 20 thousand barrels per day, to 11.12 million.
The monthly short-term forecasts of the Energy Information Administration of the US Department of Energy indicated that the forecast for oil production in the country at the end of this year was raised by 20 thousand barrels per day, to 11.12 million, while the ministry reduced the forecast for the next year by 80 thousand, to 11.77 million.
Last July, the US Department of Energy raised its forecast for oil production for this year to 11.1 million barrels per day, and for 2022 - to 11.85 million barrels per day.
The average oil production in the country last year was 11.28 million barrels per day.
And the Energy Information Administration of the US Department of Energy slightly lowered the forecast for the average price of Brent crude for the current year to $68.71 per barrel from $68.78 previously. Ended 29/R77

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 2021-08-22 01:33
 

Shafaq News/ The US Energy Information Administration announced on Sunday that Iraqi oil exports to America increased by 30 thousand barrels per day during the past week.

The administration said in a report seen by Shafak News Agency that "the average US imports of crude oil during the past week from nine countries amounted to 5.423 million barrels per day, down by 100,000 barrels per day from the previous week, which amounted to 5.423 million barrels."

She added, "America imported crude oil from Iraq at a rate of 150,000 barrels per day, an increase of 30,000 barrels per day compared to the previous week, which amounted to 120,000 barrels per day."

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.057 million barrels per day, followed by Mexico, whose imports amounted to 629 thousand barrels per day, followed by Russia, whose imports amounted to 500 thousand barrels per day, then Saudi Arabia, with an amount of 500,000 barrels per day." an average of 363,000 barrels per day.

According to the administration, "the amount of US imports of crude oil from Nigeria reached an average of 214,000 barrels per day, followed by Ecuador, which imports amounted to 197,000 barrels per day, followed by Colombia, at a rate of 143,000 barrels per day, and then Brazil came with an average of 70,000 barrels per day."

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 2021-08-29 02:01
 

Shafaq News/ The US Energy Information Administration announced on Sunday that Iraq's oil exports to America decreased by 73,000 barrels per day during the past week.

The administration said in a report seen by Shafak News Agency that "the average US imports of crude oil during the past week from 9 countries amounted to 5.513 million barrels per day, an increase of 90,000 barrels per day from the previous week, which amounted to 5.423 million barrels."

And she added, "America imported crude oil from Iraq at a rate of 77 thousand barrels per day, down by 73 thousand barrels per day from the previous week, which amounted to 150 thousand barrels per day."

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.555 million barrels per day, followed by Mexico, whose imports amounted to 595,000 barrels per day, followed by Saudi Arabia, whose imports amounted to 286,000 barrels per day, then Colombia, with an amount of 286,000 barrels per day." an average of 370,000 barrels per day.

According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 261 thousand barrels per day, followed by Russia, which imports amounted to 231,000 barrels per day, followed by Nigeria at a rate of 95 thousand barrels per day, and then Brazil came at a rate of 43 thousand barrels per day."

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 2021-09-04 09:29
 

Shafaq News/ The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to America increased by 97 thousand barrels per day during the past week.

The administration said in a report seen by Shafak News Agency that "the average US imports of crude oil during the past week from nine countries amounted to 5.409 million barrels per day, down by 104 thousand barrels per day from the previous week, which amounted to 5.513 million barrels."

And she added, "America imported crude oil from Iraq at a rate of 174,000 barrels per day, an increase of 97 thousand barrels per day compared to the previous week, which amounted to 77,000 barrels per day."

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3.612 million barrels per day, followed by Mexico, whose imports amounted to 674 thousand barrels per day, followed by Saudi Arabia, whose imports amounted to 345 thousand barrels per day, then Russia, with an amount of 345 thousand barrels per day. At a rate of 211,000 barrels per day.

According to the administration, "the amount of US imports of crude oil from Ecuador amounted to an average of 195 thousand barrels per day, followed by Brazil, which imports amounted to 84 thousand barrels per day, followed by Colombia, at a rate of 71 thousand barrels per day, and then Nigeria came at a rate of 43 thousand barrels per day."

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  This is certainly positive news , Iraq having the where with all to double their US export of oil . Much of the oil in Iraq is sweet crude ,requiring less refining , and it is very accessible ,in some places bubbling out of the ground .  Our fake president will probably not want to turn Iraq into another shite show , so this is good for Iraq and our investment.

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  •  Time: 09/15/2021 08:47:32
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A surprising decision for Iraq towards the Americas
  
{Economic: Al Furat News} Iraq has sharply reduced the price of its crude oil to its customers in the United States, in a bold deviation from the approach adopted by Saudi Arabia a few days ago.

Basra Light crude will be sold at a discount of $1.15 a barrel in October to buyers in the Americas, compared to a regional benchmark, according to a price list from the state-run Iraq Oil Marketing Company. This compares with a slight discount (15 cents a barrel) for the same crude in September.

The Iraqi move is striking. Like many Middle Eastern countries, Baghdad rarely diverges from Saudi Arabia when it comes to pricing.

But earlier this month, the kingdom kept its main crude - Arab Light - at $1.35 plus the price of a barrel of oil for October, unchanged from September.

While Iraq lowered prices for buyers everywhere, with the exception of Kirkuk oil, which is sold from a port on the Mediterranean, which remained unchanged.

Oil production in the US Gulf of Mexico shrank sharply in the wake of Hurricane Ida, which shut down a large part of the region's production.

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Many Middle Eastern countries are keen to keep up with the Saudi pricing
Ultra Iraq - Editorial Team

Bloomberg revealed a sharp reduction in the prices of Iraqi crude destined for the United States of America, in a "bold" move that breaks the Saudi price pattern.

Our channel on Telegram.. Neutral coverage with free pens

The website said in a report translated by "Ultra Iraq", Wednesday, September 15, that "Basra Light barrels in the country will be sold at a discount of $1.15 per barrel during the month of October to buyers in the Americas, according to a price list from the Iraqi state oil marketing company, compared to At a slight premium - 15 cents a barrel - against the same mark for the month of September."

The report described Baghdad's move as a "remarkable" given that Iraq and many Middle Eastern countries "seldom differ much from what Saudi Arabia does when it comes to pricing."

Earlier this month, the kingdom kept its main crude - Arab Light - at a premium of $1.35 a barrel for the month of October, unchanged from September, according to the report.

The report indicated that Iraq reduced the prices of buyers everywhere, with the exception of Kirkuk barrels sold from a port in the Mediterranean, where these remained unchanged.

 
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  •  Time: 09/19/2021 09:09:14
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Decline in Iraq's oil exports
  
{Economic: Al Furat News} The US Energy Information Administration announced, on Sunday, that Iraq's oil exports to America decreased by 56 thousand barrels per day during the past week.

The administration said in a report, "The average US imports of crude oil during the past week from eight countries amounted to 4.880 million barrels per day, down by 105 thousand barrels per day from the previous week, which amounted to 4.985 million barrels."

And she added, "America imported crude oil from Iraq at a rate of 50 thousand barrels per day during the past week, down by 56 thousand barrels per day from the previous week, which amounted to 106,000 barrels per day."

She pointed out that "most of America's oil revenues during the past week came from Canada, at a rate of 3,200 million barrels per day, followed by Mexico, whose imports amounted to 538,000 barrels per day, followed by Saudi Arabia, whose imports amounted to 369,000 barrels per day, and then Russia, with an amount of 369,000 barrels per day." an average of 256 thousand barrels per day.

According to the administration, "the amount of US imports of crude oil from Brazil for each of them amounted to an average of 211,000 barrels per day, followed by Ecuador, whose imports amounted to 176,000 barrels per day, and finally Nigeria, whose imports amounted to 82,000 barrels per day."

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 energy


Economy News _ Baghdad

Analysts and traders said that the eyes of US oil refiners seeking to compensate for the lost crude after a storm that hit the Gulf of Mexico in the United States last month is turning towards Iraqi and Canadian oil, while Asian buyers seek to search for Russian and Middle Eastern crude.

Royal Dutch Shell, the largest producer in the US Gulf of Mexico, said this week that damage to an offshore oil transportation facility due to Hurricane Ida will limit crude oil supplies from the Mars oil platform until early next year. This classification is largely used by Gulf US refineries and companies in South Korea and China, the two most important export destinations for Mars oil platform.

The United States generally exports more than 3 million barrels per day of oil, mostly from the US Gulf Coast. With overall fuel demand rising to pre-pandemic levels, refineries will need to compensate for the shutdown of the Mars oil platform.

The loss of up to 250 thousand barrels per day led some American refineries to search for alternatives to deliver the last quarter, especially the Iraqi Basra crude, and others received supplies of high-sulfur crude from American sources.

Basra crude came to the fore during the previous turmoil. In 2019, when US sanctions on Venezuela cut heavy crude grades from refineries, Iraq quickly boosted its oil shipments and Canada's heavy oil suppliers also benefited.

Exxon Mobil Corporation and Placid Refining Co. received oil from the US Strategic Petroleum Reserve to meet immediate needs for high-sulfur crude.

A crude oil trader in the US Gulf confirmed that some of the refineries, which specifically needed to replace the barrels of the Mars oil platform, had requested high-sulfur crude from the Strategic Petroleum Reserve. While many other oil refineries wanted to buy additional shipments of Basra crude oil for delivery in October (October), their prices were very appropriate because the high-sulfur crude is in increasing demand.

 Earlier this month, the Mars oil platform was trading as low as $1.50 on the US West Texas Intermediate, but on Wednesday it was offered at a discount of $2.25 a barrel, back to pre-storm levels. Most of the nine American refineries that stopped production during the Ida period have resumed production again.

 The refiner Marathon Petroleum bought Basra oil for bottling in October. Data on Refinitiv Eikon showed that the Suezmax Jag Lina tanker was provisionally booked to load one million barrels of Basra Light crude on October 10 for the United States, although it was not immediately clear who the company that chartered the vessel was.

 
 
Views 154   Date Added 09/24/2021
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