Iraq Oil Exports · 2026
The Collapse and the Long Climb Back
Monthly crude exports fell 91% from January to April, then began a slow recovery. As volume crashed, the realised price per barrel surged.
Official figures
Estimated
Realised price ($/bbl)
Crisis trough
107.6M
99.9M
18.6M
9.9M
14M
18.1M
~42.5M
~26M
$60
$105
$110
$60
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG*
*Aug 1–13, partial
-91%
Jan → Apr export volume
$110
Apr peak realised price / bbl
9.9M
April trough (barrels)
~42.5M
July recovery (barrels)