Iraq's oil revenue dropped by almost $1bn in June

Iraq's oil revenue dropped by almost $1bn in June
Published: 4 July 2019 - 7 a.m.
By: Carla Sertin

Iraq's oil ministry announced that the nation exported 105.6mn barrels of oil in June, down from 110.7mn the previous month. Revenue from oil exports dropped 12%, from $7.3bn in May to $6.39bn in June.

While exports from Kirkuk remained around the 3.1mn barrel mark, Qayara field exports dropped by almost 160,000 barrels.

The average price per barrel sat at $60, down from $66 in May.

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