Iraq Oil Ministry: Exports exceed 2 million barrels in July, $7.8 billion USD revenue

Baghdad (IraqiNews.com) The Iraq Oil Ministry announced the height of Iraq’s oil exports during the past month to more than 2 million barrels per day compared with June, while confirming that oil exports from the Kirkuk field slightly declined due to “terrorist operations”.

The Iraq Oil Ministry said, in a statement to IraqiNews.com, that “Iraq’s oil exports increased in July to reach 2.442 million barrels a day compared to the exports of the previous month of June, which amounted to 2.423 million barrels a day”.

The statement added “Iraq oil exports from Kirkuk oil fields are still suspended at the present time because of terrorist operations.”

The sale price of a barrel of Iraqi crude oil up to 102.8 dollars per barrel, achieving revenues of 7.8 billion dollars during the month of July.