Iraq’s oil exports averaged at 3.649 million barrels per day (b/d) during January 2019, down from 3.726 million b/d in December 2018, according to Iraqi Oil Minister Thamir Ghadhban, Zawya reported citing Reuters.

The exports from Basra ports declined recording 3.556 million b/d in January 2019, down from 3.63 million b/d in December 2018.

Moreover, In January 2019, the exports from Kirkuk oilfield to the Turkish port of Ceyhan decreased to 75,000 b/d, from 99,000 b/d in December 2018.

The average selling price that Iraq used during January 2019 is $56.164 per barrel, which generated revenues of around $6.35 billion.