crude oil
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Iran rejects decline in crude oil export
Tehran, IRNA - The CEO of National Oil Company stressed that the news of Iran's crude oil export decline published online is false and unreal.
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Iran oil output reaches 3.3 million bpd in April: IEA
Tehran, IRNA – The International Energy Agency (IEA) declared a 50,000 barrel per day jump in Iran’s daily oil production in the fourth month of the current year, reaching 3.3 million barrels per day.
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Iran’s largest oil refinery reports increase in processing capacity
Tehran, IRNA - The Abadan oil refinery, the largest in Iran, has reported an increase in processing capacity as part of an official policy to slash the export of crude oil.
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Iran's oil output up 80K bpd to 2.87 mln bpd in May: IEA
Tehran, IRNA - The International Energy Agency (IEA) has announced that Iran’s crude oil production volume reached 2.87 million barrels per day (bpd) in the fifth month of 2023.
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New project to add 10,000 bpd to Iran’s crude oil output
Tehran, IRNA – With the installation of A20 and A21 platforms to Iran’s offshore Abouzar Field, nearly 10,000 barrels per day (bpd) will be added to the country’s crude oil output, according to an official with the knowledge of the matter.
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World energy review confirms increase in Iran's crude production
Tehran, IRNA – According to the 72nd edition of the Statistical Review of World Energy, Iran's crude oil production in 2021 increased in comparison with 2022.
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Iran oil prices up $30, output rose 7% y/y in 2022: OPEC
Tehran, IRNA – Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year on year in 2022 while its output also increased by 7% over the same period.
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World oil markets to embrace Iran crude export: Expert
Tehran, IRNA - Given the fact that the global oil markets will experience increase in demand for additional four million barrels per day in 2022 as a result of containing the COVID-19 pandemic, Iran's crude export can help balance the supply and demand chain, an Iranian official said.
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First oil shipment to be loaded at Jask terminal within two days: Official
Tehran, IRNA – The first shipment of heavy oil will be loaded and exported from Jask terminal in southern Iran within the next two days, Vahid Maleki, the operator of Jask terminal said on Saturday.