Oil Ministry announces surge in exports during July
Representational file photo.
(IraqiNews.com) Baghdad – The Oil Ministry announced on Saturday the rise in the exported quantities of crude oil for the month of July to more than 96 million barrels, pointing out that the revenue rate amounted to nearly five billion dollars.
The ministry spokesman Assem Jihad said in an interview for IraqiNews.com: “the initial statistics issued by the Iraqi Oil Marketing Company “Sumo” for the exporting quantities of crude oil for the month of July rose in spite of the stops and reduced oil exports through the Turkish port of Ceyhan.”
Jihad added: “The total exported quantities for the month of July amounted to 96.245 million barrels compared to last June,” noting that “the revenue amounted to four billion and 908 million dollars, while the average price per barrel reached 50 dollars.”