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2018-01-03 15:40:00

IRAQ'S OIL EXPORT UP TO 3.535 MBD

IRAQ'S OIL EXPORT UP TO 3.535 MBD

PLATTS - Federal crude oil exports from Iraq's southern Persian Gulf terminals edged up in December to reach a new record high, averaging 3.535 million b/d, up 33,000 b/d from in November, the latest data from the oil ministry showed.

State Oil Marketing Organization (SOMO) exported some 109,573,817 barrels over the month, the oil ministry said in a statement.

This earned the country $6.496 billion in revenues, with prices for the month averaging $59.286/b, it said.

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Tags: IRAQ, OIL, EXPORT

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