Oil strategic reserve for winter

The Iraqi Ministry of Oil announced that it has secured a strategic stockpile of white oil to face the winter season and is working to fully meet the domestic demand through an organized plan. The ministry’s spokesperson also clarified that oil exports have increased to approximately 2.7 million barrels per day, including around 2.4 million from the southern region and between 250,000 to 300,000 from the northern region, including the Kurdistan Region. These quantities are essential for maintaining revenue, which ranges around $594.5 billion per month, to support the national budget despite the challenges related to production cuts and the current crisis.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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