UPDATE: Exports up but revenues drop in July
After a two-month decline, federal oil export levels rebounded, but overall revenues fell along with global oil prices.
Tugboats position a single point mooring (SPM) buoy in the Basra Gulf in January 2012 as Iraq expands its export capacity. (ALI ABU IRAQ/Iraq Oil Report)
UPDATE:
The Oil Ministry has published revised export and revenue figures for July. This story has been updated accordingly.
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