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Iraq’s oil export revenues exceed $8.3 billion in December
The Iraqi Ministry of Oil confirmed on Sunday that oil export revenues through December surpassed $8.3 billion. According to final statistics issued by the State Organization for Marketing of Oil (SOMO), the total exports of crude oil during December were more than 108.05 million barrels, with revenues exceeding $8.31 billion. SOMO data revealed that the total quantities of crude oil exported during December from oil fields in central and southern Iraq were 107,592,532 barrels, and the quantities exported to Jordan were 464,058 barrels. The average price per barrel was $76.91, compared to $82.36 in November, when the ... (full story)