Home
Iraq achieves a remarkable increase of more than one billion dollars in oil revenues within a month
[You must be registered and logged in to see this image.]
2023-08-02 03:35
Share
Font
Shafaq News/ Iraq's oil revenues increased on a monthly basis to more than one billion dollars, by 13% for the month of July, to reach 8.293 billion dollars, while an expert attributed this noticeable increase to the improvement in prices.
According to a set of data and other statistics issued by the Ministry of Oil, seen by Shafaq News Agency, the total oil revenues for the month of July rose to 1.114 billion dollars, by 13.43%, to reach 8.293 billion dollars on a monthly basis, compared to June, in which revenues amounted to 7.179 billion dollars.
Total oil revenues from Basra oil exports through southern ports increased by 13.54% on a monthly basis to reach $8.207 billion, compared to June, when revenues amounted to $7.096 billion.
According to the data, Iraq exported crude oil to Jordan through basins, with revenues amounting to $22 million, amounting to 344,000 barrels.
For his part, the economist Hamza Al-Jawahiry attributed, in his interview with Shafaq News agency, the increase in financial revenues to "the increase in the quantities of oil exported mainly, in addition to the month of July, which has 31 days, and therefore there is an additional day for exporting crude oil."
He added, "Prices rose to more than $73 to $85 due to the OPEC+ agreement to cut production, especially Saudi Arabia, which made an additional cut of one million barrels for the month of August."
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
2023-08-02 03:35
Share
Font
Shafaq News/ Iraq's oil revenues increased on a monthly basis to more than one billion dollars, by 13% for the month of July, to reach 8.293 billion dollars, while an expert attributed this noticeable increase to the improvement in prices.
According to a set of data and other statistics issued by the Ministry of Oil, seen by Shafaq News Agency, the total oil revenues for the month of July rose to 1.114 billion dollars, by 13.43%, to reach 8.293 billion dollars on a monthly basis, compared to June, in which revenues amounted to 7.179 billion dollars.
Total oil revenues from Basra oil exports through southern ports increased by 13.54% on a monthly basis to reach $8.207 billion, compared to June, when revenues amounted to $7.096 billion.
According to the data, Iraq exported crude oil to Jordan through basins, with revenues amounting to $22 million, amounting to 344,000 barrels.
For his part, the economist Hamza Al-Jawahiry attributed, in his interview with Shafaq News agency, the increase in financial revenues to "the increase in the quantities of oil exported mainly, in addition to the month of July, which has 31 days, and therefore there is an additional day for exporting crude oil."
He added, "Prices rose to more than $73 to $85 due to the OPEC+ agreement to cut production, especially Saudi Arabia, which made an additional cut of one million barrels for the month of August."
[You must be registered and logged in to see this link.]
» Dozens of Meat Processing Plants Expected to Shut Down Under New EPA Rules
» Biden-Harris administration blasted for running out of money to deal with Hurricane Helene after blo
» Fake Amazon sites everywhere
» MM&C 10/3/24 World Bank: Iraq has made progress in improving the business environment, making it glo
» MM&C 10/3/24 Central Bank comments on preparing the budget for next year
» utube 10/3/24 MM&C Iraq Update-Iraq Securities Exchange- Transform Iraq-Export Oil - Federal Co
» utube 10/1/24 MM&C Iraq Dinar News - Iraqi Stock Exchange - Private Sector - Water - Infrastructure
» The dinar collapses against the dollar.. Is the specter of 1600 looming on the horizon?
» Baghdad International Airport: Why is it unable to compete with regional airports?
» Nineveh reveals projects worth billions that have been stalled for 12 years
» Iraq calls for protecting oil routes in the Arabian Gulf
» State of Law Leader: America Has No Desire to Leave Iraq
» MP reveals 170 stalled projects have been resolved
» Rafidain Bank announces the collection of more than four trillion dinars electronically for the bene
» Karbala Municipality: Starting to plant gardens and green spaces inside residential neighborhoods
» Customs: Our revenues during 7 months of the current year exceeded one trillion dinars
» World Bank: Iraq is witnessing a major transformation in improving the business environment and publ
» New program turns unified card into food ration card in Iraq
» The Governor of the Central Bank of Iraq announces the launch of financial transfers to Türkiye acco
» World Bank issues optimistic report on Iraq, points to 'major transformation'
» Supply concerns send oil prices up more than 5 percent
» Rafidain: More than 4 trillion dinars in electronic collection amounts for government departments
» Iraqi government opens accounts to deposit donors' money for Gaza and Lebanon
» Public money and government wheels enter the Kurdistan Parliament elections propaganda
» How did current events cast their shadows on the Iraqi parliament presidency file?
» Production stops at Karbala refinery.. and the local government acknowledges the shortage of fuel su
» Iraq imports large quantities of calves and sheep to control meat prices
» IMF: Continued conflict in Middle East could have major economic repercussions
» Israel threatens to bomb more than 35 sites in Iraq
» The crisis of choosing the parliament speaker.. Will political tensions impose “Al-Mashhadani” on “A
» “Hidden Terrorism”: How Cyber Weakness Threatens Iraq’s Future More Than Bullets?
» Iraq plans to establish modern industrial cities amid challenges of electricity and corruption!
» Ministry of Planning reveals details of drawing the new population map in Iraq
» Al-Sudani: Escalation in Lebanon and Gaza threatens to slide the region into a comprehensive war
» Planning: Taking measures that focus on promoting sectors that affect citizens’ lives
» Civil Service Council approves new batch of appointments
» Commerce reveals new program that transforms the unified card into a food ration card
» Iraq announces launch of new mechanism for financial transfers to Türkiye
» Transparency: Sulaymaniyah and Halabja imports amounted to more than 11 billion dinars in one week
» Parliamentary Integrity: Collecting parliamentary signatures to question the Minister of Constructio
» Parliamentary talk about the person closest to the coordination to assume the presidency of Parliame
» Gov. Ron DeSantis orders National Guard to end longshoremen's strike over hurricane disaster
» BREAKING: Mayor Pete orders citizens to stop using drones to find stranded victims as feds fumble hu
» Elon Musk obliges Trump, reconnects disaster areas to the internet for free via Starlink
» MM&C 10/3/24 Amending the Oil Law: A Step Towards Reform or Just Another Promise?
» In less than half an hour, Washington sends three messages via Baghdad to Tehran
» "Soon" .. Iraqi-Kuwaiti negotiations to resume to end differences
» On the seventh anniversary of Talabani’s passing, Al-Sudani recalls his national legacy and his role
» Planning: The general census will show the rates of enrolment in education and unemployment.
» Economist: Zionist bombing exacerbates economic conditions, calls for urgent intervention by governm
» Iraq, Kuwait to resume negotiations "very soon" to resolve outstanding issues
» Iraq and China take the largest share of Iranian goods
» Advisor Mazhar Saleh: No concern about Iraq's financial situation
» Amidst the Storms: Baghdad and Washington Support Regional Calm
» MP reveals reasons for delaying the approval of the Personal Status Law
» Al-Surji: The Union is capable of forming the next regional government
» Government measures to control the region's import of gold
» Central Bank comments on preparing the budget for next year
» Anbar citizens threaten to demonstrate over private generator pricing
» Dollar trading halted in Anbar due to high exchange rate
» Iraqi Parliament Prepares to Pass “Most Important” Law to Recover State Funds from Corrupt People
» World Bank identifies key issue for sustainable development in Iraq
» World Bank: Iraq has taken steps to develop human capital
» Electricity: Loss of 7,100 megawatts due to a decrease in the release of national gas and the supply
» Work: Issuing more than 220 thousand national cards for those covered by social protection
» France: Recommendation to eliminate 100,000 jobs to reduce government spending
» Iraq, Turkey sign MoU on migration and voluntary return
» Al Mazrouei: The world needs additional investments in the energy sector
» Agriculture announces compensation for livestock farmers’ losses, plans to control diseases
» Moscow advises its citizens not to travel to a country neighboring Iraq
» Holidays cost Iraq 34 trillion dinars annually!
» OPEC awaits global production estimates to confirm Iraq's compliance
» This is why oil traders are betting on it rising to $100
» Why are the social protection amounts not released for the current month?
» Baghdad and Washington discuss the need to protect sea lanes to ensure the export of Iraqi oil
» Iraq and the United Arab Emirates review procedures for judicial assistance files to recover persons
» Parliamentary-governmental meeting to discuss double taxation avoidance agreements
» Iraq and the United States stress the need for a ceasefire in the region and resolving crises throug
» Al-Mandlawi: The late President Talabani was keen, after the change, to play an honorable role in al
» The Iraqi-Turkish Joint Planning Group discusses the framework agreement concluded following Erdogan
» Baghdad and Washington discuss enhancing joint cooperation in the fields of energy, oil and economy
» Malekshahi: Successive regional governments faced local and regional difficulties and pressures
» Kurdistan: Starting to pay August salaries to employees tomorrow, Friday
» Iraq and America agree on the need for calm and not to expand the circle of conflict in the Middle E
» Dollar storm hits local markets.. Only half a point left for 155 thousand - Urgent
» "Serious and significant" economic risks await Iraq if it becomes involved in the Iran-Israel confli
» Total 140 days.. Financial costs of holidays in Iraq
» Within (8) months: The Al-Abbas’s Holy Shrine spends about (7) billion dinars on reducing the costs
» After "Noon News Agency" published its most important needs: Karbala Council forms a group of commit
» Government moves to build 6 new refineries
» Civil Service Council: Creating 6,000 job positions
» A project worth 16 billion dinars was seized by the Integrity Commission in Kirkuk
» Al-Sudani orders suspension of work tomorrow, Thursday, and confirms that the region is entering a d
» In two separate calls with Sisi and the Jordanian monarch...the Prime Minister stresses the importan
» Transport: Completion of preliminary designs for the railway line and topographic survey of the deve
» Salaries are secured.. Finance Committee: Discussing 2025 budget schedules to begin next month
» Ports announces completion of work on the five berths project at the Grand Faw Port
» Contrary to the instructions, the Integrity Commission monitors violations in the implementation of