Iraq oil exports dip slightly in August

26 September 2010

Exports topped 55 million barrels

Iraq’s Oil Ministry has said the country’s oil exports fell slightly in August, but still topped 55 million barrels and brought in nearly four billion dollars in revenues, AFP has reported. Crude exports, which account for the vast majority of Iraq’s income, totalled 55.4 million barrels of oil last month, or 1.79 million barrels per day (bpd) at an average price of $71.43 per barrel, bringing in a total of $3.96bn, the ministry said.

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