UPDATE: Iraq breaks export records
Federal Iraq posted its highest-ever rate of oil exports, with increases from both south and north.
Tankers dock at the al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
On Dec. 3, SOMO Director General Falah Alamri told Iraq Oil Report the average selling price for federal Iraq’s crude exports in November was $41 per barrel. The original story pegged the average price at $40 per barrel. This story, including the higher total revenues, has been updated to reflect this new information.
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