Iran remains OPEC 3rd biggest oil producer in August: Report
News code :
۱۵۲۹۴۶۷
The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.277 million barrels per day (bpd) of crude oil in August, registering a 4,000-bpd increase compared to the previous month.
As reported, Iran has maintained its place as OPEC’s third-biggest oil producer after Saudi Arabia and Iraq.
Based on secondary sources, Iran produced 3.273 million bpd of crude oil in July, the report said.
The Islamic Republic’s average crude output for the second quarter of 2024 stood at 3.238 million bpd indicating a 59,000 bpd increase compared to the figure for the first quarter of the year, the report added.