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HomeOil and GasIraqIraq Oil Revenues Cross $6 Billion in December

Iraq Oil Revenues Cross $6 Billion in December

Iraqi oil revenues exceeded $6 billion in December, confirming the sector’s central role in national income. Iraqi oil revenues benefited from strong export volumes and stable global demand during the final month of 2025.

The Ministry of Oil announced the figures through official production and export data. According to the ministry, exports reached more than 107.6 million barrels during December. This volume included crude oil and associated condensates.

As a result, export earnings climbed above $6.38 billion for the month. These earnings provided a strong year-end boost for public finances. Moreover, they strengthened confidence in Iraq’s energy export capacity.

The Iraqi Oil Marketing Company managed export operations throughout the month. SOMO coordinated shipments to international markets across Asia, Europe, and the Americas. Consequently, Iraq maintained its position as a reliable global supplier.

Meanwhile, officials highlighted that export stability supported fiscal planning. Oil income continues to fund salaries, infrastructure projects, and social programs. Therefore, Iraqi oil revenues remain vital for economic balance.

In addition, December exports reflected steady production levels from southern oil fields. Fields in Basra continued operating at high efficiency. This performance helped offset volatility in global energy prices.

Analysts also pointed to improved export logistics and port operations. Upgraded loading facilities increased shipment efficiency. As a result, Iraq reduced delays and improved delivery reliability.

Furthermore, global oil markets showed moderate price stability during December. This environment supported consistent revenue inflows. Iraqi oil revenues therefore avoided sharp monthly fluctuations.

Government officials stressed the importance of sustaining production discipline. They also emphasized coordination with international energy partners. Such coordination supports long-term output stability and investment confidence.

Looking ahead, the Ministry of Oil plans to enhance export infrastructure further. Expansion projects at southern ports remain a priority. These upgrades aim to increase capacity and reduce operational risks.

At the same time, Iraq continues negotiations with international companies. These talks focus on field development and technology upgrades. Such efforts aim to protect Iraqi oil revenues over the coming years.

In conclusion, December results highlight the strength of Iraq’s oil sector. Iraqi oil revenues closed 2025 on a strong note. This performance reinforces oil’s role as the backbone of Iraq’s economy.