Iraq Oil Exports Flat in November

by admin | December 5th, 2012

Oil ministry spokesman Assem Jihad said on Tuesday that the country’s oil exports averaged 2.62 million bpd in November, the same rate as in October.

78.6 million barrels were exported for the full 30-day month at an average price of $104.35 per barrel, giving total revenues of about $8.2 billion.

This was down from $8.578 billion in October (31 days), when the price per barrel averaged $105.51.


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