Iraq oil exports decrease in April

Iraq's oil exports averaged 3.365 million barrels per day (bpd) in April, according to preliminary Oil Ministry data — an apparent decrease compared to March.

Revenues also fell due to weakening oil prices. April’s oil sales brought in about $6.67 billion, according to an Iraq Oil Report estimate based on the Oil Ministry’s published pricing formulas and global benchmark prices. March revenues were $7.717 billion, according to the Oil Ministry.