Iraq Oil Export Rate Up Again in Sept

By John Lee.

The daily average volume of crude oil exported by Iraq’s State Oil Marketing Organization (SOMO) rose to 3.276 million barrels per day in September, compared with 3.230 million bpd in August, according to the Ministry of Oil.

The total for the 30-day month was 98,285,239 barrels, down from the 100.1 million barrels exported in the 31 days of August.

Exported quantities from the southern ports totalled 97,349,969 barrels, while exported quantities from Ceyhan port was 935,270 barrels.

Revenues for the month hit $3.822 billion, giving an average selling price of $38.89 per barrel, slightly down from August’s $39.248 per barrel.

(Source: Ministry of Oil)

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