More than 1bn Barrels of Oil Exported in 2015

By John Lee.

The Iraqi Oil Ministry has said it exported 1.097 billion barrels of oil in 2015, generating revenues of $49.079 billion at an average price of $44.74 per barrel.

Bloomberg reports that it sold 99.7 million barrels of oil in December, generating $2.973 billion.

(Source: Bloomberg)

(Oil image via Shutterstock)

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