The Iraqi Ministry of Oil has announced that oil export revenues exceeded $9.59 billion for the year’s first ten months.
According to final statistics released by the State Organization for Marketing of Oil (SOMO), crude oil exports exceeded 109.54 million barrels in October, generating revenues of over $9.59 billion.
According to SOMO data, 108,050,360 barrels of crude oil were exported from oil fields in central and southern Iraq in October. Out of this, 464,728 barrels were shipped to Jordan. Additionally, the Al-Qayyarah oilfield in Nineveh governorate in northern Iraq exported 1,030,501 barrels of oil.
In October, the average price per barrel was $87.57, which is lower than the average price of more than $91.35 in September.
The quantity of oil exported from Iraq in September was over 3.43 million barrels per day.
In August, Iraq exported over 106.12 million barrels of oil and earned a total revenue of $8,997,851. I have corrected any spelling, grammar, and punctuation errors.
Iraq exported over 106.75 million barrels of crude oil in July, generating approximately $8.3 billion in revenue.
The country’s oil export revenues for June totaled $7.11 billion, a decrease from May’s $7.3 billion.
In April, Iraq made an official statement that its oil export revenues had exceeded $7.69 billion.
The total crude oil exports in March exceeded 100.9 million barrels, generating revenues of over $7.5 billion.
During February, Iraq exported over 92.25 million barrels of crude oil, generating $7.62 billion in revenue. In comparison, January exports reached over 101.24 million barrels and generated $7.66 billion in revenue.
