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FinancialNews


  • 27-07-10

    Iraq oil export revenues reach $3.8b in June

    (MENAFN) Iraqi crude oil exports had reach in 54.7 million barrels in June, 4.7 million barrels less than May, with revenues reaching around $3.8 billion, according to the Iraqi national media center. Spokesman for the center Issam Jihad attributed reduced exports to the attack on an oil pipe-line which transported oil to the Turkish seaport of Ceyhan. He also revealed that the price of the barrel was set at $71.10 per barrel, adding that 29 international oil companies had transported the Iraqi oil to markets overseas.

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