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FINANCIAL NEWS
Iraq oil export revenues reach $3.8b in June
27 Jul 2010
(MENAFN) Iraqi crude oil exports had reach in 54.7 million barrels in June, 4.7 million barrels less than May, with revenues reaching around $3.8 billion, according to the Iraqi national media center.
Spokesman for the center Issam Jihad attributed reduced exports to the attack on an oil pipe-line which transported oil to the Turkish seaport of Ceyhan.
He also revealed that the price of the barrel was set at $71.10 per barrel, adding that 29 international oil companies had transported the Iraqi oil to markets overseas.
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