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Iraq Oil Revenue for December 2023 Exceed $7.6 billion USD


THERE IS AN OIL REVENUE UPDATE FOR DECEMBER 2023


According to the Iraqi News Agency (INA), the Iraqi Ministry of Oil announced on Monday that oil export revenues for December exceeded 7.6 billion USD.


The State Organization for Marketing of Oil (SOMO) announced that the total exports of crude oil in December exceeded 103.28 million barrels with revenues exceeding 7.6 billion USD.


According to the statement, more than 100.7 million barrels of crude oil were exported during December from oil fields in central and southern Iraq, while over 2.22 million barrels of crude oil were exported through Ceyhan from oil fields in Kirkuk.


According to the statement, the average price per barrel exceeded 73.64 USD.


Due to its awareness and belief that Iraqi people should have access to information about oil export operations and revenues, the Iraqi Ministry of Oil began sharing information.


The Iraqi Ministry of Oil announced earlier that oil export revenues for November exceeded eight billion USD, with an average price of 82.41 USD per barrel, while oil export revenues in October exceeded nine billion USD.


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