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FinancialNews


  • 02-10-19

    Crude oil exports revenues hit over USD6b in Iraq

    (MENAFN) More than USD6 billion were registered as revenues of Iraqi crude oil exports which stood at over 107 million barrels last month.

    Overall exports of crude oil by Iraq exceeded 107.2 million barrels, the Oil Ministry revealed, noting that it stood at an average of 3.57 million barrels per day to hit USD6.345 billion in revenues for September.

    An Oil Ministry statement confirmed that the average selling price for crude hit USD59.14 per barrel during the period.

    Exports from Iraqi central and southern oil fields accounted for around 103 million barrels, with exports from Kirkuk amounting for about 3.16 million barrels and from Nineveh contributing with 877,196 barrels.

    MENAFN0210201900450000ID1099076646

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