FINANCIAL NEWS

Iraq’s Jan oil exports down to 2.107m bpd

21 Feb 2012

(MENAFN) Iraq’s oil ministry said that the country’s oil exports fell to an average of 2.107 million barrels per day (bpd) last month, from 2.145 million bpd in December, reported AP.

It also said that in the month, oil sales grossed USD7.123 billion, based on an average price of USD109.081 per barrel.

On the other hand, oil sales in December stood at USD7.061 billion, with an average price of USD106.18 per barrel.

It is worth noting that the amount was sold to 29 international oil firms, according to the oil ministry.

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