Jan 20, 2024, 12:04 PM
Journalist ID: 1847
News ID: 85359371
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Iran’s oil export at $34bn in 9 months to September: IEA

Jan 20, 2024, 12:04 PM
News ID: 85359371
Iran’s oil export at $34bn in 9 months to September: IEA

Tehran, IRNA – Figures by the International Energy Agency (IEA) show that Iran earned about $34 billion in oil export revenues in the nine months to September 2023.

In its report, the IEA has estimated Iran's total oil revenue in the first nine months of 2023 at $33.9 billion.

Iran’s oil revenues in January-September 2023 were about 12% of the total income of OPEC in this period.

The IEA has also announced the production of over 3 million barrels of oil in Iran for the eighth consecutive month in 2023.

According to this report, in May 2023, Iran's oil production reached more than 3 million bpd for the first time since the withdrawal of the United States from the Joint Comprehensive Plan of Action (JCPOA) and in the following months, it has remained above 3 million bpd.

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