OPEC Reports Decrease in Iran's October Oil Production

Iran pumped around 3.29 million barrels per day in October, down from 3.45 million bpd in September,  OPEC data shows.

According to OPEC secondary sources, Iran's average crude output in Q3 was 3.6 million barrels, down 200,000 barrels compared to Q2.

Iran Heavy, one of the country's main export grades, traded at $77.04 in October, gaining $1.76 over the previous month.