BAGHDAD, Sept 1 (Reuters) – Iraq’s total oil exports for August rose to 3.054 million barrels per day (bpd) from 2.9 million bpd in the previous month, the oil ministry said in a statement on Wednesday.
Exports from Iraq’s southern Basra terminals hit 2.95 million bpd during August, the ministry said.
Iraq’s August revenue from oil reached to $6.5 billion with an average price per barrel of over $69, said a statement.
The average sale price in July was $72.
Iraq, which relies almost entirely on oil for revenues has been hit hard by low oil prices during the coronavirus crisis and has cut exports in line with OPEC production cuts.
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