oil exports

Iran oil output reaches 3.3 million bpd in April: IEA

TEHRAN, May 18 (MNA) – The International Energy Agency (IEA) has said that Iran’s daily oil production increased by 50,000 barrel per day(bpd) in April, hitting 3.3 million bpd.

Iran oil exports hit six-year high: report

TEHRAN, Apr. 19 (MNA) – Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost, a report by the Western media has said.

Iran economy minister:

Rise in oil revenues contributes to rial value stability

TEHRAN, Oct. 24 (MNA) – Iran’s minister of economic affairs and finance on Tuesday said the increase in revenues earned from oil exports is among the reasons for foreign exchange (Iranian rial vs foreign currencies) market’s stability.

Saudi crude exports in May drop to 19-month low: data

TEHRAN, Jul. 17 (MNA) – Saudi Arabia's crude oil exports in May fell to a 19-month low, figures showed on Monday, according to media reports.

Saudi Arabia set to cut oil supply to US: Bloomberg

TEHRAN, Jun. 17 (MNA) – Saudi Arabia could slash oil exports to the US in July, which would result in the tightening of Western markets, western media reported on Monday.

Oil minister says return of oil revenues increase sharply

TEHRAN, Mar. 09 (MNA) – Iranian Minister of Petroleum Javad Owji has said that the return of oil and gas revenues is accelerating this year despite the sanctions as compared to last year.