Tag Archives: Iran

Iran’s January Oil Output Rises 21% from December

Iran’s crude oil production in January reached 2.503 million barrels per day (bpd), registering a 21-percent increase compared to the figure for December 2021, according to OPEC’s latest monthly report. Iran produced 2.482 million bpd of crude oil in December 2021, the report said citing secondary sources. The Islamic Republic’s …

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Iran Oil Production Sets Record High despite Sanctions

A report released by Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran’s oil production in January experienced 21,000 barrels per day increase, reaching the highest production level comparing last three years. Despite continued economic sanctions on the Islamic Republic, its crude oil production reached more than 2.5 million …

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