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.
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.