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FinancialNews


  • 16-12-20

    Iran registers 39,000 barrels per day increase in November

    (MENAFN)OPEC"s newest monthly report published on Monday declared that, Iran produced 1.986 million barrels per day of crude oil in November, recording a 39,000-bpd enhance in comparison with the latest month.

    Iran had produced 1.947 million bpd of crude oil in October, according on secondary sources.

    The report set standard Iranian crude output for the third quarter of this year at 1.942 million barrels per day indicating a near 7,000-bpd drop off in comparison with the figure for the second quarter of the current year.

    As the OPEC declared that, the country"s heavy crude oil prices also improved USD2.64 in last month to record a 46.6-percent increase in comparison with the last month.

    In comparison with October"s USD 40.24 per barrel, Iran sold its heavy crude oil at USD 42.88 per barrel in the stated month.

    MENAFN16122020000045011369ID1101288660

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