Iraq’s revenues from oil exports exceeded $8.025 billion in January

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Iraq’s revenues from oil exports exceeded $8.025 billion in January

The oil ministry in Iraq verified on Friday that the country’s oil export earnings for January exceeded $8.025 billion.

The State Organization for Marketing of Oil (SOMO) released row statistics showing that little more over 103.5 million barrels of crude oil were exported overall in January, bringing in $8,025,616 in income.

According to SOMO data, 102.02 million barrels of crude oil were exported from oil fields in central and southern Iraq in January, with 464,306 of those barrels going to Jordan.

3,338,982 barrels were shipped on average per day, with an average price per barrel of $77,536.

December saw an average price per barrel of $76.96, down from $82.36 in November—the month when shipments of crude oil exceeded 102.97 million barrels.

In October, Iraq exported more than 3.53 million barrels on average per day, with an average price per barrel of petroleum than $88.26.