Oil Export Stats for 2014

By John Lee.

Iraq’s oil exports in 2014 accounted for 95.5 percent of the country’s total revenue from exports, according to statistics released by the Ministry of Planning’s Central Bureau of Statistics.

A total of 918 million barrels of oil were exported over the year, up 5.3 percent on the 872 million barrels shipped in 2013.

This brought in revenues of 89.5 trillion dinars ($84.1 billion), at an average price of $91.63 per barrel, down from $102.26 per barrel achieved in 2013.

(Source: Middle East Monitor)

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