Jun 12, 2015, 3:49 PM

OPEC reports:

Iran’s oil production ups in May

Iran’s oil production ups in May

TEHRAN, Jun. 12 (MNA) – According to the latest OPEC report, Iran’s daily production of crude oil is trending upward.

The public relations office of Iran’s Oil Ministry released the newest statistics of OPEC showing boost in Iran’s crude oil production in last month.

OPEC’s June oil production report indicates Iran as the third biggest producer of the organization standing behind Saudi Arabia as the topper and Iraq as the second.

Leapfrogging the UAE which produced 2830 tb/d in May, Iran produced 2845 tb/d, based on secondary sources, and stood in the third place enjoying 1 tb/d growth in daily production.

Kuwait with 2,685 tb/d production in May suffered 77.4 tb/d curb in its daily production and lingered on the 5th place in the table.

 

News ID 107853

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