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Oil: $8 billion in revenues last month
Economical 01/04/2024
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Baghdad: Al-Sabah
The Ministry of Oil announced yesterday, Wednesday, that revenues last month amounted to more than 8 billion dollars.
The ministry stated in a press statement that “the total exports and revenues achieved for the month of December, according to preliminary statistics issued by the Iraqi Oil Marketing Company “SOMO,” amounted to more than 8 billion dollars, as the total amount of exports of crude oil reached (108) million and ( 56 thousand and 590 barrels, with revenues amounting to 8
billion and 316 million dollars.
She added that “the total quantities of crude oil exported for the month of December from the oil fields in central and southern Iraq amounted to (107) million (592) thousand and (532) barrels, while the quantities exported to Jordan amounted to (464) thousand and (58) ) a barrel.
She continued, "The average daily quantities exported reached (3) million (486) thousand barrels per day, while the average price of
one barrel reached (76.96) dollars."
She pointed out that “the Ministry, through its belief in keeping the people informed about export operations and the revenues generated from them, took this monthly measure.”
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