Iraq says its oil exports last month reached their highest level in more than three decades.
Falah al-Amiri, head of the State Oil Marketing Organization, said oil exports averaged 2.565 million barrels per day (bpd) in July.
He said that represents about $8.4 billion in revenues at average oil prices of $106 per barrel.
Meanwhile, officials of the Kurdish Regional Government said Iraqi Kurdistan will export oil via federal pipelines until September 15, extending a one-month confidence-building measure amid a row with Baghdad.
The northern autonomous region had halted exports for several months on April 1 over $1.5 billion it said was owed to foreign oil companies working in the region that Baghdad had allegedly withheld.
Falah al-Amiri, head of the State Oil Marketing Organization, said oil exports averaged 2.565 million barrels per day (bpd) in July.
He said that represents about $8.4 billion in revenues at average oil prices of $106 per barrel.
Meanwhile, officials of the Kurdish Regional Government said Iraqi Kurdistan will export oil via federal pipelines until September 15, extending a one-month confidence-building measure amid a row with Baghdad.
The northern autonomous region had halted exports for several months on April 1 over $1.5 billion it said was owed to foreign oil companies working in the region that Baghdad had allegedly withheld.
