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FinancialNews


  • 22-08-21

    Iran produces 2.485M (bpd) of crude oil in July 2021

    (MENAFN)OPEC’s latest monthly report published on August 12 showed that Iran produced 2.485 million barrels per day (bpd) of crude oil last month, marking a 28 percent improvement in comparison to the last year same time span.

    Iran had manufactured 1.936 million bpd of crude oil in July last year, according to secondary sources.

    The report further declared that, for the second three months of the current year, the Islamic Republic’s average crude output amounted at 2.443 million bpd showing a 224,000-bpd improvement in comparison to the number of the previous year same period.

    The report stated that the average Iranian crude output for 2019 stood at 2.356 million bpd, as the average output in 2020 dropped to 1.988 million bpd.

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