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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq's oil exports to America drop by 25% during April... What does the SOMO report hide?

    Rocky
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    Iraq's oil exports to America drop by 25% during April... What does the SOMO report hide? Empty Iraq's oil exports to America drop by 25% during April... What does the SOMO report hide?

    Post by Rocky Sun 01 May 2022, 1:42 pm


    [size=30]Iraq's oil exports to America drop by 25% during April... What does the SOMO report hide?

    2022-05-01
    [/size]
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    Yes Iraq: Baghdad

    Iraq's oil exports to America decreased by 23% in April compared to March, which is a significant and confusing decline, especially as it coincides with the Chinese and Indian reluctance to buy Iraqi oil in favor of buying Russian oil due to the large price discounts offered by Russia.
    According to the US Energy Information Administration, “Iraq exported 5.520 million barrels of crude oil to America during the month of April, at a rate of 184 thousand barrels per day,” down from March, in which Iraqi oil exports to America amounted to 7.130 million barrels, at an average of 230 thousand barrels. Daily.
    He added, "Iraq exported crude oil to America during the first week of April at a rate of 71 thousand barrels per day, while an average of 155 thousand barrels per day was issued in the second week, and an average of 266 thousand barrels per day was exported in the third week," noting that "the exports of the fourth week It amounted to 242 thousand barrels per day.”
    And the US Energy Information Administration stated that "Iraq came in fifth place in its exports to America during the past month after Canada, Mexico, Saudi Arabia and Colombia, and second in the Arab world after Saudi Arabia, whose exports to America reached 11 million, and 940 thousand barrels per day," noting that "Canada ranked in the rank The first as the most oil-exporting country to America, followed by Mexico.”
    With the significant decline in Iraq’s oil exports to America in April by about a quarter, amid expectations that they will decrease to China and India after they moved to buy Russian oil at large price discounts, there are great expectations for the possibility of a decline in Iraq’s oil exports in general during the month of April.
    Somo has not yet released the preliminary statistics of Iraq's oil exports for the month of April, although it is issued at the beginning of each new month, the preliminary statistics of exports for the preceding month.
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