Iraq exports over 100 mln barrels of crude oil in April

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Iraq exports over 100 mln barrels of crude oil in April

STORY: Iraq exports over 100 mln barrels of crude oil in April DATELINE: May 2, 2022 LENGTH: 00:01:21 LOCATION: Baghdad CATEGORY: ECONOMY SHOTLIST: various of Iraqi oil fields STORYLINE: Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of 10.55 billion U.S. dollars, the Iraqi oil ministry said on Sunday. According to a ministry statement, the average selling price for crude oil in April was 104.09 dollars per barrel, citing statistics from the State Organization for Marketing of Oil. The statement said that a total of 98.1 million barrels were exported from oil fields in central and southern Iraq via the Port of Basra, and about 2.99 million barrels from the northern province of Kirkuk via the Turkish port of Ceyhan on the Mediterranean. Oil prices have risen in global markets since the outbreak of the Russian-Ukrainian crisis, benefiting Iraq and other oil-exporting countries. Iraq's economy heavily relies on crude oil exports, which account for more than

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