Iraq Oil Exports Drop to 3.576 MM b/d in September

Iraq Oil Exports Drop to 3.576 MM b/d in September

Iraqi oil exports reached 3.576 million barrels per day (b/d) in September, down from 3.603 million b/d in August, the Iraqi Ministry of Oil said in a statement, according to Zawya.

The country is producing less than its usual capacity of approximately 5 million b/d, as per an OPEC+ agreement to cut production and support prices.

Exports from Southern Basra terminals dropped to 3.434 million b/d, down from 3.468 million b/d a month earlier, the statement further said.

Shipments from Iraq’s northern Kirkuk oilfields to the Turkish port of Ceyhan were around 106,000 b/d, the statement said.

The statement noted that Iraq’s oil deliveries to Jordan by trucks were at 7,000 barrels per day.

According to the Ministry of Oil, the average sale price in September was $59.149 per barrel, with about $6.345 billion in revenue.


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