How much is a barrel of Iraqi oil worth?

The Iraqi Oil Ministry announced total exports and earnings for November and indicated that the average price per barrel was over $82,417.

According to preliminary statistics released by SOMO, an Iraqi oil marketing company, total exports of crude oil amounted to 99,867,946 barrels and revenues of $8.231 billion.

The data showed that total crude oil exports for November from oil fields in central and southern Iraq amounted to 97,204,696 barrels.

As for the Kirkuk fields through the port of Ceyhan, the export volumes amounted to two million 363 thousand 20 barrels.

He added that the average daily export volume is 3,329,000 barrels per day, and the average price per barrel is more than $82,417.

Source: RT