Iran’s oil revenues exceed $25bn last year: OPEC

TEHRAN, Jul. 01 (MNA) – A report released by the Organization of Petroleum Exporting Countries (OPEC) indicates that Iran earned more than $25 billion in revenue from oil exports in 2021.

OPEC reported $560 billion in revenue from oil sales in 2021 in its annual report, which shows a 77 percent increase in comparison with a year earlier.

The revenues of 13 members of OPEC from oil exports stood at $317 billion in 2020.

Iran also earned more than $25.313 billion from oil sales in 2021. Iran's revenue from oil sales tripled in that period as compared to the last year’s corresponding period.

Iran had earned over $7.914 billion worth of income as a result of oil exports in 2020.


News Code 188624


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