Iraqi Oil Revenues in 2018 Amounted $84 Billion

  • Bagdad, Republic of Iraq
  • 4 January 2019
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The total Iraqi oil exports during the year 2018 hit 1.277 billion barrels, according to the Iraqi Ministry of Oil, which revealed the size of oil revenues of 83 billion and 680 million dollars, at the rate of 5.081 billion dollars per month.

The oil marketing company "Sumo" of the Ministry of Statistics in its official website, revealed that the total oil exports for the year 2018 reached 1 billion, 277 million and 671 thousand barrels, indicating that the monthly export rate was 106 million and 472 thousand barrels, with a rate of three million and 500 thousand barrels per day.

According to the company's statistics, the monthly average price of crude oil was $60.48, revealing that 37 international companies of various Asian, European and American nationalities bought the Iraqi oil.

Source: (Al Khaleej Newspaper, Edited)

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