Oil Exports Rise to 3.364m bpd

By John Lee.

Crude oil exports from Iraq’s southern fields averaged 3.364 million bpd in April, higher than March’s average of 3.286 million.

It was also close to the record of 3.37 million bpd exported in November, according to Reuters.

The oil was sold at an average price of $33.26 per barrel, earning $3.343 billion, Oil Ministry spokesman Asim Jihad announced.

(Sources: Ministry of Oil, Reuters, Bloomberg)

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