OPEC: Iraq's Oil Revenues Grew By 80% Last Year

Baghdad / NINA / - OPEC oil revenues jumped by 77% in 2021 as oil prices recovered from the slowdown caused by the Coronavirus on the back of high demand. OPEC said in its latest annual statistical bulletin, today, Tuesday, that the total value of oil exports from the countries that make up the 13-nation bloc jumped to 561 billion dollars last year. It added, "Saudi Arabia's exports rose by about 70 % annually to $202 billion, while the UAE's exports rose by 75 % to reach $54.5 billion. Iraq's exports grew by 80 % to reach $79.7 billion."/ End