Oil Exports Climb in March

By John Lee.

Oil exports from Iraq increased in March to 2.980 million barrels per day (bpd), up from to 2.597 million bpd in February.

Exports from the Gulf terminals reached 2.712 million bpd, while exports by pipeline from the north amounted to 268,000 bpd.

Iraq exported a total of 92.401 million barrels over month, bringing in revenue of $4.457 billion (5.2 trillion Iraqi dinars), at an average selling price of $48.244 per barrel.

(Sources: Xinhua, Bloomberg, Reuters)

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