Iraq's oil revenues decline by 3% in December
2024-01-03T10:15:42+00:00
Shafaq News / Iraq's oil revenues decreased by 3% on a monthly basis, reaching $8.316 billion in the last month of December.
According to data and statistics released by the Ministry of Oil, the total oil revenues for last December dropped by $196 million, accounting for a 3% decrease compared to November, where revenues amounted to $8.512 billion.
The total oil revenues from Basra oil exports through the southern ports increased by 1.63% on a monthly basis, reaching $8.288 billion compared to November, where revenues stood at $8.425 billion.
As per the data, Iraq exported crude oil to Jordan through pipelines, generating revenues of $290 million with a quantity of 464 thousand barrels.
