Saturday, July 26, 2025
48 C
Baghdad

Iraqi Oil Exports Maintain Strategic Flow

Iraq’s oil exports maintained a Strategic Flow in April 2025, despite a slight decline from the previous month. According to figures from the State Organization for Marketing of Oil (SOMO), the country exported over 100.9 million barrels of crude oil. This represents a marginal dip from March, which saw exports hit 106 million barrels.

The April total included 99.7 million barrels shipped from central and southern oil fields. Iraq also exported over 299,000 barrels to Jordan and nearly 900,000 barrels from the Qayyarah field in Nineveh province. Combined, these figures highlight a consistent effort to manage oil flows efficiently across various regions.

Revenues from April’s exports amounted to approximately $6.73 billion. These earnings underscore Iraq’s continued reliance on oil as a vital source of national income. However, officials continue to balance export activity with commitments to international agreements.

Iraq’s output in early 2025 has shown controlled fluctuations. These variations stem from its adherence to OPEC+ production caps. The group’s prior agreements required Iraq to limit its output, especially during late 2024. Notably, export levels dropped sharply in November and December due to these voluntary cuts.

With April marking the start of a gradual policy shift, OPEC+ members have begun resuming limited volumes of production. Iraq’s decision to align with this cautious expansion reflects a commitment to market stability while preserving its Strategic Flow of crude oil.

Experts believe Iraq is positioned for modest export growth over the coming months. Improved global demand, alongside eased restrictions, may allow Iraq to optimize its capacity without overwhelming supply lines. Government planners remain focused on steady, regulated expansion rather than sudden increases.

Through careful strategy and adherence to global agreements, Iraq continues to demonstrate control over its energy resources. The nation’s Strategic Flow not only protects market integrity but also ensures long-term economic sustainability.

Hot this week

Iraqi Protests Surge Against Khor Abdullah Maritime Agreement Amid Sovereignty Concerns

On Friday, hundreds of Iraqis gathered outside the Kuwaiti...

US Pressure on PMF Legislation Sparks Iraqi Backlash

Qais al-Khazali, Secretary-General of Asaib Ahl al-Haq, strongly condemned...

Iraq Port Capacity Boost Expands Trade Through Gulftainer Expansion at Umm Qasr

The Iraq port capacity boost is gaining momentum, especially with major...

Iraqi Football Clubs Step Up Transfer Activity Ahead of New Season

The Iraqi football transfer surge has picked up momentum as clubs...

Women’s Empowerment in Iraq Gains Government Support During National Ceremony

Women’s empowerment in Iraq received renewed government backing as...

Topics

Iraqi Protests Surge Against Khor Abdullah Maritime Agreement Amid Sovereignty Concerns

On Friday, hundreds of Iraqis gathered outside the Kuwaiti...

US Pressure on PMF Legislation Sparks Iraqi Backlash

Qais al-Khazali, Secretary-General of Asaib Ahl al-Haq, strongly condemned...

Iraq Port Capacity Boost Expands Trade Through Gulftainer Expansion at Umm Qasr

The Iraq port capacity boost is gaining momentum, especially with major...

Iraqi Football Clubs Step Up Transfer Activity Ahead of New Season

The Iraqi football transfer surge has picked up momentum as clubs...

Women’s Empowerment in Iraq Gains Government Support During National Ceremony

Women’s empowerment in Iraq received renewed government backing as...

Iran Nuclear Diplomacy Reaches New Turning Point Amid Regional Tensions

Iran nuclear diplomacy intensified Friday as Iraqi and Iranian...

China-Iraq Trade Growth Strengthens Despite Decline in Total Volume

China Iraq trade growth continues to show strong momentum, especially...

Water Shortages Spark Protests Across Iraq’s Babylon and Diwaniyah Provinces

Water shortages spark protests in several Iraqi provinces as the...

Related Articles