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Fresh Insights into Oil Revenues Contributing to Iraq’s Budget

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Today, Tuesday, the Iraqi Oil Ministry released preliminary statistics on crude oil exports and revenues received in April.

According to preliminary statistics released by the Iraqi oil marketing company SOMO, total exports of crude oil amounted to (98) million (634) thousand and (947) barrels, with revenues of $7.796 billion.

The data showed that the total volume of exports of crude oil for the month of April from oil fields in central and southern Iraq amounted to (98) million and (634) thousand and (947) barrels.

It indicated that the average daily export volumes were (3) million and (288) thousand barrels per day, and the average price per barrel was more than (79.04) dollars.

Source: RT

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