Oil Income Rises Over 8 Months
Oil prices rose during the week from September 7 to 11, due to supply concerns and geopolitical tensions. The average price of Brent crude was $102.97 per barrel, while West Texas Intermediate reached $97.665. The OPEC basket recorded its highest average at $110.575. In the same context, the Ministry of Oil and Gas of the National Unity Government reported that oil sector revenues amounted to approximately $15.2 billion during the first eight months of 2026, most of which came from crude oil exports. The Ministry of Oil affirms its commitment to continue publishing data to enhance transparency regarding the contribution of oil to the national economy.
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