Iraqi Oil Exports Surpass $37 Billion in Nine Months of 2026


Baghdad:The “Eco Iraq” Observatory has reported that Iraqi crude oil exports have generated approximately $37.39 billion, with a total of 533.46 million barrels exported over the first nine months of 2026.



According to National Iraqi News Agency, the Observatory revealed that an official document from the State Oil Marketing Organization (SOMO) addressed to Parliament detailed the oil export data and financial values from January through September 2026. The document showed that the total exported volume reached 533,459,327 barrels, with an estimated value of $37,388,384,828. It further disclosed that $33,511,194,387 in funds were deposited into the Central Bank of Iraq’s account as per the figures in the document.



The report also provided details on exports via the Turkish port of Ceyhan. Northern oil exports amounted to 50,757,644 barrels, averaging around 188,000 barrels per day. Meanwhile, oil from the Kurdistan Region totaled 25,095,454 barrels, with a daily average of approximately 93,000 barrels.



The Observatory underscored the necessity of improving transparency in disseminating data on oil exports and their revenues to ensure alignment between exported quantities and financial proceeds.