Iraq Oil Exports Fall for Second Month on Attacks, Dust
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Iraq’s crude exports and oil revenue declined in June for the second month because of bad weather at the country’s ports and attacks on northern pipelines, the oil ministry said.
Shipments from OPEC’s second-largest producer after Saudi Arabia dropped to 69.8 million barrels, Asim Jihad, a ministry spokesman, said in an e-mailed statement from Baghdad. Exports in June generated $6.8 billion, he said, equating to 2.33 million barrels a day. Iraq shipped 76.9 million barrels in May and 78.7 million in April, earning $7.48 billion and $7.76 billion, respectively, according to the ministry’s website.