Iran produced 2.828 million barrels per day (bpd) of crude oil in July, registering an 86,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report published on August 10.
Based on secondary sources, Iran produced 2.760 million bpd of crude oil in June.
The Islamic Republic’s average crude output for the second quarter of 2023 stood at 2.694 million bpd indicating a 123,000-bpd increase compared to the figure for the first quarter of the year, the report said.
The report put the average Iranian crude output for 2022 at 2.554 million bpd, while the average output in 2021 was 2.392 million bpd.—Tahran Times
