Iraq oil exports steady in June
Iraq's crude sales held steady month-on-month despite minor disruptions apparently stemming from the Israel-Iran war.
A ship docks at the al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
Iraqi oil exports held steady in June, averaging about 3.28 million barrels per day (bpd), according to preliminary Oil Ministry data.
Oil revenues appeared to increase slighlty on stronger global oil prices. According to an Iraq Oil Report estimate based on pricing formulas and global benchmarks, Iraq earned about $6.64 billion from crude sales in June, up from $6.362 billion in May.*
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