Iraqi Oil Ministry Reports Big Fall in Oil Revenues
Iraqi Oil Ministry Reports Big Fall in Oil Revenues

Iraq’s Ministry of Oil has announced finalised oil export volumes for April 2026. Revenue of just over $1 billion was significantly down on pre-war levels, which were typically between $6-7 billion.

  • Total exports of crude oil (including condensates): 9,884,130 barrels.
  • Exports of Basra oil amounted to 4,587,610 barrels.
  • Exports from the Kurdistan Region via the Turkish port of Ceyhan amounted to 339,064 barrels.
  • Exports of Kirkuk oil via the Turkish port of Ceyhan amounted to 4,957,456 barrels.
  • Average daily crude oil exports: approximately 0.329 million barrels per day.
  • The total value of oil exported was $1,087,082,000 ($1.09 billion).
  • This implies an average price per barrel of approximately $109.98.

March’s export figures can be viewed here.

(Source: Ministry of Oil)