A slight decline in Iraq’s oil exports last April

During the month of April 2024, Iraqi oil exports recorded a slight decrease of 0.3% on a monthly basis, with the continued exceeding of the quota for oil production within the OPEC alliance.

According to figures published by the Specialized Energy Platform (based in Washington), Iraqi oil exports decreased by 10,000 barrels per day, to 3.413 million barrels per day.

This compares to 3.423 million barrels per day in March 2024, according to preliminary monthly data from the Iraqi Oil Marketing Company ‘SOMO.’

Iraq’s total oil exports in April 2024, which 3.364 million barrels per day were shipped from southern Gulf, down from 3.377 million barrels per day in March, and 15,000 barrels per day were sent by truck across the border to Jordan, unchanged during the month.

Another 34,000 barrels of heavy Qayyarah crude were shipped from the southern port of Khor Al-Zubair, up from 31,000 barrels per day in March.

Gulf exports consisted of 2.177 million barrels per day of Basra Medium crude, and 1.187 million ba
rrels per day of Basra Heavy crude last April.

This compares to 2.203 million barrels per day of Basra Medium crude and 1.174 million barrels per day of Basra Heavy crude in March 2024.

Source: National Iraqi News Agency