USD 65.6046

0

EUR 72.6243

0

BRENT 59.13

0

AI-92 42.31

0

AI-95 46.04

-0.03

AI-98 51.8

+0.04

Diesel 46.03

+0.01

11

Iraqi Crude Output and Export Hit New Record

The daily crude production and export of Iraq in October in Iraq hit new high in three years with about 2.70 million barrels

The daily crude production and export of Iraq in October in Iraq hit new high in three years with about 2.70 million barrels in production and over 1.80 million barrels for export, the state-run al-Sabah newspaper reported on Tuesday.

Hussein al-Shahristani, the Iraqi oil minister, was also quoted as saying Monday at a press conference that the crude production of Iraq is expected to reach 3 million barrels at the end of this year.

Al-Shahristani singled out that the daily oil export last month rose to 1.8 million barrels, the highest level since December 2005.

The increase in oil production and export have raised the oil revenue in the past ten months up to 25.8 billion U.S. dollars, it said.