Posts Tagged “Iran’s oil output”

Iran increasing oil output to nearly 4m bpd

Iran increasing oil output to nearly 4m bpd

A senior Oil Ministry official said Iran is boosting oil production by 90,000 barrel per day in line with last year’s OPEC agreement. “We are increasing our oil output which will reach the designated production level,” Gholamreza Manouchehri, National Iranian Oil Company’s (NIOC) deputy head for engineering and development affairs told IRNA. On November 30,…

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OPEC approves Iran’s oil output at 3.6 mb/d

OPEC approves Iran’s oil output at 3.6 mb/d

The Organization of the Petroleum Exporting Countries (OPEC) says Iran’s oil production has reached a new record high of 3.665 million barrels per day (mb/d). OPEC in a monthly report said it had recorded Iran’s new oil production capacity for September. The country’s production in August stood at 3.634 mb/d, the Organization added in its…

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