Ministry: Iraq October oil exports down to avg. 3.34 mln bpd

BAGHDAD, Iraqi oil exports fell to 3.447 million barrels per day (bpd) in October from 3.576 million bpd in September, the Iraqi Oil Ministry said in a statement on Friday.

Exports from its southern Basra terminals fell to 3.34 million bpd from 3.434 million bpd, it said. The average sale price in October was USD 57.153 per barrel, generating about USD 6.107 billion in revenue, the ministry said. The Ministry has not revealed whether the protests in Basra have affected exportation or not.

Source: Kuwait News Agency