Iraq's daily crude oil exports dip in June

28 July 2010

Iraq's oil ministry has said the country's daily crude export in June dropped 3.7% below the levels of the previous month, Bloomberg has reported. Exports fell in June to about 1.82 million barrels a day, or 54.7 million barrels for the month, the ministry said in a statement. Iraq in June exported 79% of its crude, or 43.2 million barrels valued at $3.07bn, from the southern port of Basra. It shipped the remaining 11.5 million barrels, earning $815m, from the northern oil hub of Kirkuk, the ministry said.

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