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IRAQI NEWSIraq’s financial revenues hit $30 billion in seven months10MTHE NEW REGIONIraqi PM orders probe into PMF trampling of US flag39MIRAQI NEWSIraq, OPEC+ members agree to keep oil production unchanged45MBLOOMBERGIraq Shifts Oil Strategy by Arranging Tanker to Move Past Hormuz2HTHE NEW REGIONTwo Iraqi soldiers killed by IED explosion in Nineveh: Ministry2HRUDAWPMF law not linked to armed groups’ weapons control deadline: Spox3HTHE NATIONALIraq transports its oil past Hormuz for first time in decades as war with Iran chokes exports3HTHE NEW REGIONKRG delegations in Baghdad to discuss budget, September salaries: Source4HIRAQI NEWSIraq’s Real Estate Bank challenges legality of Zayouna Gate project6HTHE NEW REGIONIran congratulates Iraq on US-led coalition withdrawal, stresses accountability7HIRAQI NEWSIraq transits 2M barrels past Hormuz on VLCC in decades-first shipping shift7HIRAQI NEWSIraq studies raising oil export capacity through Turkey’s Ceyhan7HMIDDLE EAST EYEIran welcomes exit of US forces from Iraq, calls for Washington to be held accountable13HSHAFAQShafaq News..Iraq ranks third among Arab gold holders13HSHAFAQShafaq News..Limited quota restricts Iraq to 5.5% Hajj applicants14HBASNEWSAl-Zaidi: Iraq Enters New Phase of Full Sovereignty After Coalition Mission Ends15H
Iraq Monitorعين على العراقPrimary-source intelligence

Fiscal breakeven oil price — IMF

80.36latest · 2023

IMF Regional Economic Outlook (via FRED) projects 94.56 for 2024 — a forecast, drawn dashed in the chart’s shaded band, not a reading.

SOURCE STOPPED · LAST 2023

The oil price at which the IMF reckons Iraq’s budget balances. Above the price Iraq actually gets, the state borrows or draws down to pay salaries. The feed’s newest vintage is the IMF’s October 2024 outlook; the two newest years of a vintage are its estimate and projection and are drawn as such.

VS PREVIOUS+17%HIGH · FULL RECORD122.152013LOW · FULL RECORD42.542005OBSERVATIONS20
40608010012014020042009201520202025
80.36 USD/bbl · 2023-12-31 · LATEST
Dashed line in the shaded band is the publisher’s projection, not a reading