A successful outcome to the talks could lift U.S. sanctions on Iran’s exports, according to the International Energy Agency, potentially bringing 1.3 million barrels per day (bpd) of Iranian oil back into the market. That could ease tight global supply
Tag: OPEC
OPEC: Iran’s 2021 oil output grew 21% compared with 2020
Iran’s oil output in 2020 stood at 1.98 million barrels per day. It increased to 2.4 million barrels in 2021. Global oil production, which reached about 91 million barrels per day in 2020, right in the midst of the coronavirus
OPEC chief hails Iran’s role in world’s oil cartel
Sanusi said as a founding member of OPEC, Iran continues to play a key role in the organization through its clever guidance and careful experience. He made the comments in a message to Iranian Oil Minister Javad Ouji. While congratulating