ICYMI: Iran’s Oil Minister says the country's oil production now exceeds 3mn bbls / day

Iran’s Oil Minister Javad Owji cited on the Oil Ministry’s website SHANA:

“Over the last 20 months, Iran’s oil production has reached levels above 3 million barrels per day and natural gas output has reached more than 1 billion cubic meters,”

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This compares with Iran's output in 2021 fo around 2.4 million barrels per day

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Oil price update:

oil 03 May 2023

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