Saturday, September 13, 2025
35 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 Court Recovers Billions in Dollar Exchange Manipulation Case

On Wednesday, the Second Karkh Investigative Court in Baghdad...

Iraq and Iran Strengthen Joint Efforts in Combating Drug Trafficking

On Wednesday, Iraqi Health Minister Saleh Al-Hasnawi called for...

President Rashid Launches National Program to Support Parliamentary Elections in Iraq

On Wednesday, Iraqi President Abdul Latif Jamal Rashid launched...

Iraq’s Parliament to Vote on Key Laws Amid Postponement of PMF Authority Bill

In its upcoming session, Iraq’s parliament session will vote on two...

UAE condolences after Karbala bridge collapse

Karbala bridge collapse UAE condolences have underscored regional unity following...

Topics

Iraqi Court Recovers Billions in Dollar Exchange Manipulation Case

On Wednesday, the Second Karkh Investigative Court in Baghdad...

Iraq and Iran Strengthen Joint Efforts in Combating Drug Trafficking

On Wednesday, Iraqi Health Minister Saleh Al-Hasnawi called for...

President Rashid Launches National Program to Support Parliamentary Elections in Iraq

On Wednesday, Iraqi President Abdul Latif Jamal Rashid launched...

Iraq’s Parliament to Vote on Key Laws Amid Postponement of PMF Authority Bill

In its upcoming session, Iraq’s parliament session will vote on two...

UAE condolences after Karbala bridge collapse

Karbala bridge collapse UAE condolences have underscored regional unity following...

Mosul Municipality rewards citizen for fighting illegal garbage dumping

Mosul Municipality rewards citizen action against dumping in a landmark...

Iraq and Russia draft nuclear energy cooperation deal

Iraq Russia nuclear energy cooperation deal marks an important step...

Kurdistan oil export suspension caused $28 billion loss

Kurdistan oil export suspension loss $28 billion has become a...

Related Articles