Crude shipments from Iraq plummeted and congestion plagued a main waterway weeks after a fire and chemical spill at the Intercontinental Terminals Co. tank farm. (Bloomberg) — The U.S. Gulf Coast imported the least amount of crude in nearly three decades as shipments from Iraq plummeted and congestion lingered on a critical waterway weeks after a blaze and chemical spill at the Intercontinental Terminals Co. tank farm. The Gulf Coast took just 1.4 million barrels a day of crude last week as Iraqi oil imports fell to a trickle of only 5,000 barrels a day, according to weekly preliminary government data. That’s the lowest amount since August 2015 when the OPEC producer shipped nothing its U.S. buyers. The reduced Iraqi shipments caused deliveries from OPEC’s top six suppliers to fall below 1 million barrels a day for the first time in data going back to 2010. ITC’s petroleum and […]