Iraq's crude oil exports in January stood at 2.106 million barrels a day, down 1.8% from 2.145 million barrels a day in December, the country's Oil Ministry said Monday.
Iraq
's
crude oil exports in January stood at 2.106 million barrels a day, down 1.8%
from 2.145 million barrels a day in December, the country's Oil Ministry said
Monday.
Revenues from crude oil sales in January increased by 0.9%, to $7.123 billion
from $7.061 billion in the previous month.
The ministry said that its State Oil Marketing Organization, or SOMO, sold
crude oil in January at prices averaging $109.081 a barrel, compared with
$106.180 a barrel in the previous month.
Iraq
's oil
exports averaged 2.165 million barrels a day in 2011, earning the country some
$82.9 billion.
Baghdad
hopes to raise its crude oil
exports to at least 2.5 million barrels a day this year.
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