MEED magazine reported that Iraqi oil exports reached it is highest peak in 30 year by registering $8.44 billion in revenue in August, at a time other Gulf countries are increasing their exports of oil and gas. The report, in the specialized economic Middle East Magazine, added that Iraqi oil exports reached to 2.565 million b/d with an average price of $106 per barrel.
Iraq consumes 700.000 b/d for internal use, which totals Iraqi production to 3.2 million b/d.
Aswat Aliraq
7 September
Iraqi oil revenues reach $8.44 billion in August
Aswat Aliraq
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