Iraq’s revenues from oil exports exceeded $8.025 billion in January
Workers adjusting valves in an oil facility in Iraq. Photo: INA
Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil confirmed on Friday that oil export revenues through January surpassed $8.025 billion.
According to row data issued by the State Organization for Marketing of Oil (SOMO), the total exports of crude oil during January were slightly more than 103.5 million barrels, with revenues reaching $8,025,616.
SOMO data revealed that the total quantities of crude oil exported during January from oil fields in central and southern Iraq were 102.02 million barrels, and the quantities exported to Jordan were 464,306 barrels.
The average daily quantity exported reached 3,338,982 barrels, while the average price per barrel reached $77,536.
The average price per barrel in December was $76.96, compared to $82.36 in November, when crude oil exports surpassed 102.97 million barrels.
The average daily quantity exported from Iraq in October exceeded 3.53 million barrels per day, and the average price per barrel was more than $88.26.