Categorized | Oil & Gas

January Crude Oil Exports Slightly Down

January Crude Oil Exports Slightly Down

Iraq’s oil exports declined slightly in January compared to the previous month, according to both Dow Jones and Associated Press.

Exports averaged 2.107 million barrels per day in January, compared to 2.145 million bpd in December.

Sales grossed $7.123 billion based on an average price of $109.081 per barrel, up from December’s figure of $7.061 billion with an average price of $106.18 per barrel.

The oil was sold to 29 international oil companies.

(Sources: Dow Jones, Associated Press)

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