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Iran Crude Exports Exceed 2.2m bpd

Iran is looking at ways to continue exporting oil and take other measures to counter sanctions.
Iran is looking at ways to continue exporting oil and take other measures to counter sanctions.

Iran’s crude oil and condensate exports reached 2.6 million barrels per day in June, higher than its average volumes over the past year.
Last month, Iran’s crude oil exports reached 2.28 million bpd, while condensate—ultra light oil—volumes hit 330,000 bpd, up 10% compared with that of the month before, Oil Ministry’s news service Shana reported on Monday.
Mohammad Baqer Nobakht, the government's spokesman, recently announced that the country's oil revenues during the first quarter of the current fiscal observed a 59.8% increase compared with the similar period of last year.
This, however, could be due to a surge in oil prices. Iran's crude price in the current fiscal has averaged $66 per barrel.
 

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