Ministry of Oil: June's revenues reached more than $7 billion

Economy
  • 1-07-2023, 16:21
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    Baghdad-INA 

    The Ministry of Oil announced the total exports and revenues achieved for the month of June.

    A statement by the ministry, received by the Iraqi News Agency (INA), stated that "according to preliminary statistics issued by the Iraqi Oil Marketing Company (SOMO), the total amount of exports of crude oil reached (100) million (59) thousand and (52) barrels, with revenues amounting to 7 billion. And $115 million.

    The statistics indicated that "the total quantities exported of crude oil for the month of June from the oil fields in central and southern Iraq amounted to (98) million (725) thousand and (620) barrels, while the quantities exported to Jordan amounted to (299) thousand and ( 445 barrels, while exports from Qayyarah were (1) million and (33) thousand and (987) barrels, while the average daily quantities exported amounted to (3) million and (335) thousand barrels per day .

    It showed that "the average price of one barrel amounted to (71.11) dollars  . "

    It is noteworthy that the ministry, through its belief in informing the people of export operations and the revenues generated from them, has taken this monthly procedure.