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| Iraq |
| Iraq’s oil revenues almost halved in March vs. February |
| 2020-04-04 |
| [Rudaw] Iraq’s oil revenues fell by almost half in March compared to February’s figures, Baghdad officials said Wednesday, underscoring the financial difficulties ahead. Oil revenues account for roughly 90 percent of Iraq’s annual budget. Iraq’s oil revenues for the month of March were $2.98 billion, with an average export of 3.390 million barrels per day (bpd). By contrast, Iraq’s oil revenues for the month of February stood at $5.52 billion, with an average export of 3.391 million bpd. According to oil ministry figures, Iraq increased oil production in March by around 7 million barrels compared to February. However, if you can't say something nice about a person some juicy gossip will go well... as world oil prices tumbled, its revenues actually fell. A barrel of Iraqi oil sold for an average of $28.436 in March, down from an average of $51.374 in February. |
| Posted by:trailing wife |
| #2 It’s Iraq, gorb, not Iran. |
| Posted by: trailing wife 2020-04-04 22:12 |
| #1 Gee. Where could they possibly get $5B so they don't have to interrupt their nuclear weapons program? |
| Posted by: gorb 2020-04-04 20:27 |