Oil Ministry: Revenues last month amounted to more than $9 billion

Economy
  • 27-11-2023, 19:30
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    INA - BAGHDAD

    The Ministry of Oil confirmed on Monday, that the revenues achieved for October amounted to $9 billion and 593 million.

    “The amount of crude oil exports amounted to 109 million and 545 thousand and 589 barrels, with revenues amounting to $9 billion and 593 million and 643 thousand according to the final statistics issued by the Iraqi Oil Marketing Company SOMO," stated the Ministry in a statement received by the Iraqi News Agency - INA.

    The statement pointed out that "the total quantities of crude oil exported for October from the oil fields in central and southern Iraq amounted to 108 million and 50 thousand and 360 barrels," while the quantities exported from Qayyarah amounted to one million 30 thousand and 501 barrels, while exports to Jordan amounted to 464 thousand and 728 barrels.

    "The average price of one barrel amounted to $87,577. The exported quantities were loaded by 38 international companies of several nationalities, from the ports of Basra, Khor Al-Zubair, monobuoys, and the modern Kirkuk warehouse, by tanker trucks, and from the Qayyarah field," included in the statement.