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February Oil Export Numbers Lower than January for Iraq

Iraq's northern pipeline to Ceyhan has however, not exported oil for the fifth month in a row according to a recent Reuters article.

The Ministry of Oil in Iraq has reported a fall in oil exports for the month of February. Exports of crude oil went down to 3.225 million from 3.285 million in January. However, Iraq still netted $2.2 billion dollars in total revenue averaging $23 per barrel; a slight increase since in January the price was $22.21.  Iraq's northern pipeline to Ceyhan has however, not exported oil for the fifth month in a row according to a recent Reuters article. 

 

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