Iraq's Dec. oil exports hit 2.9 mln bpd, highest since 1980

Oil officials said exports from the country's southern terminals hit a record high 2.760 million bpd. (Shutterstock)

Iraq's oil exports hit a record high average of 2.940 million barrels per day (bpd) in December, their highest level since 1980, an oil ministry spokesman said on Friday.

Oil officials said exports from the country's southern terminals hit a record high 2.760 million bpd.

The ministry spokesman said the average selling price in December was $57 per barrel with revenues reaching $5.247 billion. Revenues for the full year were $84.215 billion, he said.
 

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Last Update: Wednesday, 20 May 2020 KSA 09:46 - GMT 06:46
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