Oil Ministry Finalises Export Figures for May

By John Lee.

Iraq’s Ministry of Oil has announced final oil exports for May of 108,175,920 barrels, giving an average for the month of 3.490 million barrels per day (bpd), an increase from the 3.340 bpd exported in April.

These exports were entirely from the southern terminals, with no exports registered from Kirkuk via Ceyhan.

Revenues for the month were  $7.551 billion at an average price of $69.801 per barrel.

April export figures can be found here.

(Source: Ministry of Oil)

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