Economic Observatory: Iraq extracted nearly one billion barrels of oil in 8 months
Economic Observatory: Iraq extracted nearly one billion barrels of oil in 8 months
2025-11-08 01:20
Shafaq News – Baghdad
The Eco Iraq Observatory announced on Saturday that the volume of oil production during the first eight months of this year, 2025, reached approximately one billion barrels, while oil export revenues amounted to about 73 trillion Iraqi dinars.
The observatory said in a statement that “oil production during the first eight months amounted to about 964.9 million barrels, mostly from Basra Governorate, while Iraq exported about 816.18 million barrels during the same period.”
The statement indicated that the highest production month was August with 124.47 million barrels, and the highest export month was 104.81 million barrels.
The Eco Iraq Observatory added that export revenues amounted to 73,821,820,815,850 Iraqi dinars, representing about 90% of the state’s revenues.
The Eco Iraq Observatory is a media research institution specializing in analyzing the country’s financial and economic performance. Its periodic reports focus on monitoring the size of public spending, monthly revenues, and budget funding sources.
shafaq.com
