BAGHDAD: Iraq's oil exports increased in July to an average of 2.442 million barrels per day (bpd) from 2.423 in the previous month, the oil ministry said on Monday.

Shipments from the northern oilfields of Kirkuk are still suspended, the statement said.

The selling price for Iraq's crude is $102.8 per barrel and revenues of $7.8 billion have been generated in July.

Iraq exports the bulk of its oil from its southern terminals.