Iraqi Oil Revenues Surpass $37 Billion in First Nine Months of 2026

Eco Iraq Observatory announced that the value of Iraqi crude oil exports reached approximately $37.39 billion, with 533.46 million barrels exported during the first nine months of 2026. An official document issued by SOMO and addressed to the parliament revealed that the total exported quantities from January to September 2026 amounted to 533,459,327 barrels, with an estimated value of $37,388,384,828. The document also indicated that deposits in the Central Bank of Iraq reached $33,511,194,387. Regarding exports through the Turkish port of Ceyhan, the pumped oil quantities during this period were distributed as follows: Northern oil at 50,757,644 barrels with a daily average of about 188,000 barrels, and Kurdistan region oil at 25,095,454 barrels with a daily average of around 93,000 barrels. The observatory stressed the importance of enhancing transparency in publishing oil export data and revenues to ensure the alignment of exported quantities with financial returns.