Iraq’s Total Oil Exports Average 2.7 Million Bpd in November

Business

December 1st, 6:09pm

Asharq Alawsat

Flames emerge from flare stacks at Nahr Bin Umar oilfield, north of Basra, Iraq, September 16, 2019. (Reuters)

Iraqi oil exports fell to 2.709 million barrels per day in November, from 2.876 million bpd in the previous month, the oil ministry said on Tuesday. Exports from the country’s southern Basra terminals reached 2.6 million bpd in November, down from 2.77 million bpd the month before, the ministry added. Oil shipments from Kirkuk through Ceyhan averaged around 2.819 million barrels in November. Iraq’s October revenue from oil, its main source of income, stood at $3.394 billion with an average price per barrel of $41.778.

from Asharq AL-awsat https://english.aawsat.com/home/article/2658586/iraq%E2%80%99s-total-oil-exports-average-27-million-bpd-november