
Government says April exports are highest since 1980s
Iraqi oil exports increased by 3 per cent in April to reach long-term record levels, according to the latest data from the State Organization for Marketing of Oil (Somo).
The country exported an average of 3.077 million barrels a day (b/d) of crude during April compared with 2.98 million b/d in March.
Total exports for the month reached 92.8 million barrels and generated $4.8bn in revenues with an average price of $51.7 a barrel.
According to Somo, Aprils exports represented the highest volumes since the 1980s.
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