Economy

Average Iraqi Oil Exports Reached 3.3 Million Barrels Per Day

Average Iraqi Oil Exports Reached 3.3 Million Barrels Per Day

The Iraqi Ministry of Oil confirmed on Thursday that the average oil exports reached 3.3 million barrels per day in May. The ministry stated in a report that the oil revenues for May amounted to 7.3 billion dollars, with an average price per barrel at 71.30 dollars. The Ministry of Oil noted:

- Revenues for last month were 7.306 billion dollars

- Total quantity of crude oil exports was 102 million 463 thousand 387 barrels

- Average daily export quantities stood at 3 million 305 thousand barrels per day

- Average price per barrel exceeded 71.30 dollars.

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