Iraq’s oil export revenues exceed $8.3 billion in December
A worker at Iraq’s Majnoon oilfield near Basra, Iraq. Photo: Reuters
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil confirmed on Sunday that oil export revenues through December surpassed $8.3 billion.
According to final statistics issued by the State Organization for Marketing of Oil (SOMO), the total exports of crude oil during December were more than 108.05 million barrels, with revenues exceeding $8.31 billion.
SOMO data revealed that the total quantities of crude oil exported during December from oil fields in central and southern Iraq were 107,592,532 barrels, and the quantities exported to Jordan were 464,058 barrels.
The average price per barrel was $76.91, compared to $82.36 in November, when the total exports of crude oil were more than 102.97 million barrels, with revenues exceeding $8.48 billion.
In October 2023, Iraq’s total exports of crude oil were more than 109.54 million barrels, with revenues exceeding $9.59 billion.
The average daily quantity exported from Iraq in September exceeded 3.43 million barrels per day.
Iraq exported more than 106.12 million barrels in August, with total revenues of $8,997,851.
Iraq’s total exports of crude oil in July were more than 106.75 million barrels, with revenues estimated at $8.3 billion.
The country’s oil export revenues in June were about $7.11 billion, compared to more than $7.3 billion in May.
In April, Iraq’s oil export revenues exceeded $7.69 billion, according to an official statement.
The total exports of crude oil during March exceeded 100.9 million barrels, with revenues slightly exceeding $7.5 billion.
Crude oil exports during February were a little more than 92.25 million barrels with revenues exceeding $7.62 billion, while in January, Iraq exported more than 101.24 million barrels with $7.66 billion in revenues.