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In numbers.. Iraq's oil sales since the beginning of 2021 and a huge surplus in revenues
- Time: 02/12/2021 11:59:38
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{Economic: Al Furat News} Iraq's annual crude oil sales exceeded one billion barrels of oil from the beginning of the year until last November.
The amount of sold oil amounted to one billion barrels, a decrease of 0.75% compared to the same period in 2020 and a decrease of 15% compared to 2019.
As for the level of revenues, the total oil revenues until this year amounted to 68.22 billion dollars, an increase of 83% compared to 2020 and a decrease of 5% compared to 2019, when the sales value until November 2019 was $71.85 billion.
Thus, the general average price of a barrel of Iraqi oil sold during this year is $68.18, an increase of 83% compared to the average price of a barrel in 2020, where the average price was $ 37, and an increase of 12% compared to the same period in 2019 where the price average for a barrel was Sold in 2019 for $60.85.
The daily export rate of Iraqi oil during the current year was 3.032 million barrels per day, while the daily export rate of Iraqi oil last year was 3.054 million barrels, and in 2019 the export rate today was 3.57 million barrels, and
depending on the sales above, Iraq achieved a surplus of oil sales amounting to 20 billion dollars Compared to what was scheduled in the 2020 budget, which adopted the price of a barrel of oil in the budget at $45.
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{Economic: Al Furat News} Iraq's annual crude oil sales exceeded one billion barrels of oil from the beginning of the year until last November.
The amount of sold oil amounted to one billion barrels, a decrease of 0.75% compared to the same period in 2020 and a decrease of 15% compared to 2019.
As for the level of revenues, the total oil revenues until this year amounted to 68.22 billion dollars, an increase of 83% compared to 2020 and a decrease of 5% compared to 2019, when the sales value until November 2019 was $71.85 billion.
Thus, the general average price of a barrel of Iraqi oil sold during this year is $68.18, an increase of 83% compared to the average price of a barrel in 2020, where the average price was $ 37, and an increase of 12% compared to the same period in 2019 where the price average for a barrel was Sold in 2019 for $60.85.
The daily export rate of Iraqi oil during the current year was 3.032 million barrels per day, while the daily export rate of Iraqi oil last year was 3.054 million barrels, and in 2019 the export rate today was 3.57 million barrels, and
depending on the sales above, Iraq achieved a surplus of oil sales amounting to 20 billion dollars Compared to what was scheduled in the 2020 budget, which adopted the price of a barrel of oil in the budget at $45.
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