April exports fall but revenues rise

Iraq contends with overworked offshore terminals and pipelines, but monthly revenues rise on higher global prices.
April exports fall but revenues rise
A tug boat maneuvers near an oil tanker at the Al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)

Iraq's monthly crude export average dropped by about 4 percent in April, as the country sold a total of about 3.62 million barrels per day (bpd) at the highest per-barrel price since 2014.

The federal government's exports fell to 3.340 million bpd, from 3.453 million bpd in March, according to preliminary figures from the Oil Ministry.*

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