Iraqi Oil Ministry Reports Big Fall in Oil Revenues

By John Lee.

Iraq's Ministry of Oil has announced finalised oil export volumes for April 2026. Revenue of just over $1 billion was significantly down on pre-war levels, which were typically between $6-7 billion.

• Total exports of crude oil (including condensates): 9,884,130 barrels.
• Exports of Basra oil amounted to 4,587,610 barrels.
• Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 339,064 barrels.
• Exports of Kirkuk oil via the Turkish port of Ceyhan amounted to 4,957,456 barrels.
• Average daily crude oil exports: approximately 0.329 million barrels per day.
• The total value of oil exported was $1,087,082,000 ($1.09 billion).
• This implies an average price per barrel of approximately $109.98.

March's export figures can be viewed here.

(Source: Ministry of Oil)

Related posts:

Jiyad: Turkey Ends ITPA - Blackmail or Preservation of Iraqi Sovereign Rights Baghdad, KRG in Conflict over Northern Oil Exports Kurdistan Oil Exports Resume After Multi-Party Agreement Baghdad Reiterates its Position on Kirkuk-Ceyhan Pipeline