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Iraq’s oil company: country’s exports up to USD6.83 bn In November
Baghdad (IraqiNews.com) Iraq exported crude oil worth USD6.83 billion during the month of November, the country’s marketing company said in a statistic released on Monday.Alghad Press website quoted the State Oil Marketing Organization (SOMO) saying that that was the worth of 105.51 million barrels exported during the month, with an average price per barrel of USD57.194. The statistic put the daily export rate at 3.503 million barrels. "Kirkuk fields did not record the export of any petroleum quantities during last November. Iraq’s oil ministry had unveiled intentions to drive up crude oil production to five million barrels a day before the end of 2017. Last week, Iraq’s oil minister said he supports an OPEC decision to extend cuts in oil supply, a measure aimed at increasing prices. Iraq is OPEC’s second largest oil producer following Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... Iraq’s oil exports for October were worth more than USD5.455 billion, with more than 103.7 million barrels recorded, a daily export rate of 3.3 million barrels and an average price per barrel of more than 52.5. Posted by: trailing wife 2017-12-05 |
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