Iraq exported 98.76 million barrels of crude oil in September
with revenues of 8.77 billion U.S. {dollars}, the nation’s oil
ministry mentioned Saturday, Development experiences citing Xinhua.
The common value for crude oil in September was 88.83 {dollars}
per barrel, the ministry mentioned in an announcement, citing statistics
from the State Group for Advertising of Oil.
A complete of 96.44 million barrels have been exported from oil fields
in central and southern Iraq by way of the Port of Basra, whereas about
2.16 million barrels have been exported from the northern province of
Kirkuk by way of the Turkish port of Ceyhan on the Mediterranean, the
assertion mentioned.
Oil costs have risen in world markets for the reason that outbreak of
the Russia-Ukraine disaster in February, benefiting Iraq and different
oil exporting nations.
Iraq’s financial system closely depends on crude oil exports, which
account for greater than 90 p.c of the nation’s revenues.
