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Iranian Oil Revenues Up

OIL

Iran’s energy revenue has increased by 60% in the first two months of the Iranian year (March 21- May 21) compared to a year prior the foreign ministry told Shana news over the weekend.

  • "With the efforts of the oil ministry, and contradictory to the rumors and statements in the public sphere, revenues from the export of oil, gas condensate, natural gas, petroleum products and petrochemicals in the first two months of this year increased dramatically," director general of public relations at the oil ministry Ali Forouzandeh said Sunday.
  • The official would not disclose the revenue figure, but it coincides with a higher overall priced market.
  • Iran has not disclosed oil export revenues since the US reimposed sanctions on the country in 2018.
Energy BulletsCommodities
Energy BulletsCommodities

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