Eco

Iraqi Oil Revenues Exceed 37 Billion Dollars in First Nine Months of 2026

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rafidayn24 Oct 24, 2026
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Iraqi Oil Revenues Exceed 37 Billion Dollars in First Nine Months of 2026

Official data issued by the national oil company in Iraq revealed that the value of crude oil exports during the first nine months of 2026 reached approximately 37.39 billion dollars, with exports totaling nearly 533.46 million barrels. The document submitted to the parliament indicated that the total exported quantities amounted to 533,459,327 barrels with an estimated value of 37,388,384,828 dollars. It also noted that the amounts deposited into the Central Bank of Iraq's account reached 33,511,194,387 dollars. Regarding exports through the Turkish port of Ceyhan, the pumped oil quantities during this period were distributed between northern oil, which reached 50,757,644 barrels at an average daily rate of about 188,000 barrels, and Kurdistan region oil, which reached 25,095,454 barrels at an average daily rate of approximately 93,000 barrels. The document emphasized the importance of enhancing transparency in publishing oil export data and the associated financial revenues to ensure the alignment of exported quantities with financial returns.