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FX.co ★ OPEC Iran Crude Output to U.S. Slips to 3.00M Barrels, Extending Downtrend

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typeContent_19130:::2026-05-11T14:15:01

OPEC Iran Crude Output to U.S. Slips to 3.00M Barrels, Extending Downtrend

Iran’s crude oil exports to the United States, as tracked under the OPEC Crude Oil Production Iran (Barrel) indicator, declined to 3.00 million barrels, down from the previous reading of 3.10 million. The latest figure, updated on 11 May 2026, signals a continued softening in Iranian crude volumes reaching the U.S. market.

While the decrease of 0.10 million barrels appears modest in absolute terms, it underscores a gradual easing of Iranian supply flows into the United States. The shift may factor into traders’ and analysts’ broader assessments of U.S. crude import composition, potential supply diversification, and the evolving balance between geopolitical constraints and market-driven sourcing decisions.

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