Iraq earned nearly $3.4 billion in oil sales in May, a month-on-month increase tied to elevated oil prices and a boost in production.
According to the latest Oil Ministry data, Iraq exports have continued growing since February. It reached 1.9 million barrels per day (bpd) in May compared with 1.823 million bpd in April.
Oil sold at an average of $57.16 per barrel last month. Iraq produced 2.4 million bpd total in May, according to the global energy information firm Platts. Iraq refine…
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.
