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Iran’s Crude Oil Output Rises to 3.3mbpd: Oil Minister

OIL

Iran’s crude oil production is up again to 3.3mbpd, Oil Minister Javad Owji said, up by 700kbpd since the start of the year, according to Argus numbers.

  • Crude oil output is further due to rise to 3.4mbpd by 22 September latest, the Iranian month of Shahrivar, the minister said.
  • The latest figure represents a 100kbpd increase from levels seen in mid-August of 3.19mbpd.

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