Iraq oil revenue drops to $1.95B in March

2026-04-13T06:15:38+00:00

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Shafaq News-
Baghdad

Iraq, OPEC’s
second-largest oil producer, generated more than $1.95 billion in oil export
revenues in March 2026, down from $6.814 billion the previous month, the Oil Ministry said on Monday.

Citing data
from the State Organization for Marketing of Oil (SOMO), the ministry reported
total crude exports, including condensates, at 18.6 million barrels during the
month.

Exports from
central and southern oilfields accounted for the largest share at 14.56 million
barrels, while shipments from the Kurdistan Region through Turkiye’s Ceyhan
port stood at 1.27 million barrels, alongside 2.77 million barrels exported
from Kirkuk via the same route.