[ad_1]
Iraq exported 101.19 million barrels of crude oil in June,
bringing in revenues value 11.5 billion U.S. {dollars}, mentioned the
Iraqi Oil Ministry, Pattern experiences citing Xinhua.
The typical value for crude oil in June was 113.7 {dollars} per
barrel, in response to a ministry assertion, citing statistics from
the State Group for Advertising and marketing of Oil.
A complete of 97.98 million barrels have been exported from oil fields
in central and southern Iraq through the Port of Basra, whereas about
2.91 million barrels from the northern province of Kirkuk through the
Turkish port of Ceyhan on the Mediterranean, it mentioned.
The typical crude oil exports in June reached 3.37 million
barrels per day, it added.
Oil costs have risen in international markets because the outbreak of
the Russia-Ukraine disaster, benefiting Iraq and different oil export
international locations.
Iraq’s economic system closely depends on crude oil exports, which
account for greater than 90 p.c of the nation’s revenues.
[ad_2]
Source link
