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Revenues down as October exports dip

<p>Iraq's rate of oil exports fell in October, hurting state revenues that have already been hit by plummeting oil prices.</p>
An engineer from Iraq's South Oil Company (SOC) surveys the Zubair oil field in southern Iraq on Jan. 21, 2010. (ESSAM AL-SUDANI/AFP/Getty Images)

BAGHDAD - Iraq's rate of oil exports fell in October, hurting state revenues that have already been hit by plummeting oil prices.

Iraq exported an average of 2.461 million barrels per day (bpd) in October, down from 2.542 million bpd in September – a drop of about 81,000 bpd.

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