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[ltr]This is extremely weird. When Iraq does something out of the routine, I pause, take notice wondering why. Ministry of oil always give a revenue total from oil exports. Now, for four months in a row, oil has failed to provide revenue figures. Is the GOI running a backroom rate in parallel to the current value IDK? I personally suspect that value by which 2024 is measured is different than the year before and this MIGHT explain the figures absence. They have been told to refrain from publishing the figures. I think it's because a rate change is coming soon and will be dramatically different, but that's just me.... 
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OIL MINISTER AND PRESIDENT MOHAMED AL-SUDANI (FACEBOOK)[/ltr]
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OIL MINISTER AND PRESIDENT MOHAMED AL-SUDANI (FACEBOOK)[/ltr]
[ltr]The Iraqi Ministry of Oil refrained from publishing any statistics on Iraqi oil exports and revenues for the month of March 2024, after it deleted the revenue paragraph from its statistics for the month of February, in an unprecedented measure.[/ltr]
[ltr]With the end of the official working hours, on the afternoon of Wednesday, April 3, 2024, 3 days have passed since the start of the new month and working days, without any statistics published by the Ministry of Oil or SOMO.[/ltr]
[ltr]Usually, the Ministry of Oil comments on the publication of statistics, that it "took this monthly measure" through its "belief in informing the people about export operations and the revenues achieved from it," but it has not yet explained the reasons for its refusal to publish what is related to[You must be registered and logged in to see this link.] and the country's revenues, whether the abstention was by official directive or for reasons related to the OPEC+ agreement or otherwise.[/ltr]
[ltr]The Ministry of Oil announced on Sunday (March 3rd) the statistics of crude oil exports during the previous month, but [You must be registered and logged in to see this link.] from oil exports, in an unprecedented measure.[/ltr]
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[ltr]At the time, Ultra Iraq monitored data published by oil platforms on Telegram and Facebook about a final statistic for the month of January, which was also devoid of financial revenues. But [You must be registered and logged in to see this link.] minutes later.[/ltr]
[ltr]Looking at the official website of SOMO now, it is devoid of only "preliminary information for the month of February 2024", on the quantities exported and the export rate of [You must be registered and logged in to see this link.].[/ltr]
[ltr]Oil, the traditional statistic, was last published on January 28, 2024, announcing final revenues for December 2023, [You must be registered and logged in to see this link.]more than $8 billion.[/ltr]
[ltr]Traditionally, the [You must be registered and logged in to see this link.], quoting the marketing company SOMO, publishes preliminary statistics on Iraq's crude exports and revenues at the beginning of each month.[/ltr][ltr]The fourth month of the new year without a complete statistic from the Ministry of Oil on money and exports[/ltr]
[ltr]With the end of the official working hours, on the afternoon of Wednesday, April 3, 2024, 3 days have passed since the start of the new month and working days, without any statistics published by the Ministry of Oil or SOMO.[/ltr]
[ltr]Usually, the Ministry of Oil comments on the publication of statistics, that it "took this monthly measure" through its "belief in informing the people about export operations and the revenues achieved from it," but it has not yet explained the reasons for its refusal to publish what is related to[You must be registered and logged in to see this link.] and the country's revenues, whether the abstention was by official directive or for reasons related to the OPEC+ agreement or otherwise.[/ltr]
[ltr]The Ministry of Oil announced on Sunday (March 3rd) the statistics of crude oil exports during the previous month, but [You must be registered and logged in to see this link.] from oil exports, in an unprecedented measure.[/ltr]
[You must be registered and logged in to see this link.]
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[ltr]At the time, Ultra Iraq monitored data published by oil platforms on Telegram and Facebook about a final statistic for the month of January, which was also devoid of financial revenues. But [You must be registered and logged in to see this link.] minutes later.[/ltr]
[ltr]Looking at the official website of SOMO now, it is devoid of only "preliminary information for the month of February 2024", on the quantities exported and the export rate of [You must be registered and logged in to see this link.].[/ltr]
[ltr]Oil, the traditional statistic, was last published on January 28, 2024, announcing final revenues for December 2023, [You must be registered and logged in to see this link.]more than $8 billion.[/ltr]
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