Eco

Oil Committee Anticipates Growth in Iraqi Oil Exports and Reports Last Month's Revenues

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Rafidayn 24 News Editorial Team Nov 02, 2026
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Oil Committee Anticipates Growth in Iraqi Oil Exports and Reports Last Month's Revenues

The Oil, Gas, and Natural Resources Committee in the Parliament has forecasted an increase in Iraq's crude oil export capacity in the upcoming period, noting that 3.4 million barrels were exported last month. Committee member Rabie Al-Mousawi stated that the committee recently visited the Oil Marketing Company and met with its general manager, highlighting that crude oil exports reached 3.4 million barrels last month, generating revenues of 7.7 billion dollars. Al-Mousawi added that the company has devised a plan to raise export rates in the coming phase despite the current regional challenges.