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Iraqi crude exports steady in June

High global prices are helping to offset the revenue impact of lower export volumes constrained by OPEC-plus pressure.
Workers from the state-run Dhi Qar Oil Company carry out pipeline maintenance operations in March 2024. (Photo credit: Dhi Qar Oil Company)

Iraq's oil exports held relatively steady in June, averaging 3.322 million barrels per day (bpd), according to OilX, an energy analytics firm that tracks export volumes using satellite and tanker loading data.

Crude sales generated about $7.92 billion in revenue, according to an Iraq Oil Report estimate based on export volumes and historical pricing trends relative to international benchmarks.*

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