Iraq Oil Exports Up 2% in June

Iraq’s oil ministry says oil exports increased in June by slightly over 2 percent compared to the previous month, according to the Washington Post.

Tuesday’s statement says last month oil exports averaged 2.273 million barrels per day  (bpd) - up from the 2.225 bpd in May.

The sales yielded $7.173 billion with an achieved average price of $105.167 per barrel. May’s exports generated about $7.45 billion with an average price of about $108 a barrel.

The statement added that the oil was sold to 28 international oil companies

(Source: Washington Post)

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