The final oil export volumes for May have been released by the Iraqi Ministry of Oil, but the value of those exports has not been made public.
This is in line with an increasing pattern of the Ministry’s delayed or missing oil export data. While the Ministry’s “belief in informing the people about export operations” is mentioned in the statement, it has chosen to only disclose the total volume exported for the month and does not provide information on various regions or export routes.
Crude oil exports in total: 104 130 292 barrels
Average daily exports of crude oil: 3.359 million barrels per day, a slight decrease from April’s 3.413 million bpd figure.
