Iraq's Oil Revenues Exceeded $8 Billion in January

  • Baghdad, Republic of Iraq
  • 5 February 2024
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The Iraqi Ministry of Oil revealed that oil revenues by the end of last month amounted to more than $ 8 billion. The total exports and revenues achieved for January, according to the preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO), were about 103 million barrels, with revenues of $ 8 billion.

The total quantities exported of crude oil for January from oil fields in central and southern Iraq amounted to 102 million barrels, while the quantities exported to Jordan amounted to 464 thousand barrels, while exports from Qayyarah were 1 million barrels. The average daily quantities exported reached 3.3 million barrels per day, while the average price per barrel was $ 77.536.

Source (Al-Arabiya.net Webite, Edited)

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