BAGHDAD, Nov 2 (NNN-NINA) – Iraq’s Oil Ministry said, Iraq exported over 106 million barrels of crude in Oct, bringing in revenues of over six billion U.S. dollars.
Iraq’s total exports of crude oil in Oct was over 106.8 million barrels, at an average of 3.445 million barrels per day, which brought in revenues of 6.107 billion dollars for the month, a ministry statement said, citing statistics of the State Organisation for Marketing of Oil.
The average selling price for crude in Oct was 57.15 dollars per barrel, the statement added.
About 103.5 million barrels were exported from the country’s central and southern oil fields, while about 2.57 million barrels were exported from the northern province of Kirkuk, and 431,486 barrels were from the northern province of Nineveh.
Iraq also exported 307,292 barrels of crude oil to neighbouring Jordan, during Oct.
Iraq’s economy heavily relies on exports of crude oil, which account for more than 90 percent of the country’s revenues.– NNN-NINA
