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IEA says Iran’s oil output rose faster than expected
May 12, 2016 20:01The International Energy Agency (IEA) announced on Thursday that Iran’s oil production has risen faster than expected, reaching levels not seen since before the Western sanctions against the country were tightened in 2011.
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Iran oil exports hit 2.4 million bpd
May 07, 2016 16:35Minister of Petroleum Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.
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Iran says ready to join oil freeze plan
May 06, 2016 19:16Iran said on Friday that it is ready to join an oil freeze plan that has been proposed by several key peer producers to help stabilize the market.
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No plans for Iran over new oil output rise
May 06, 2016 19:13Iran on Friday indicated that it has no immediate plans to launch a fresh rise in its oil exports from the current level of around 2.2 million barrels per day.