Iran oil production

2025-05-17 14:52

Iran's annual oil exports hit $67b, highest in a decade: CBI

TEHRAN - Iran exported $67 billion worth of oil in the Iranian calendar year 1403 (ended on March, 20, 2025), marking its highest oil revenue in the past decade, according to estimates by the Central Bank of Iran (CBI).

2025-04-25 15:40

Iran aims to boost oil output by 400,000 bpd in 8 months

TEHRAN - Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, according to the head of the National Iranian Oil Company (NIOC).

2025-04-15 15:05

Iran’s oil output rises by 12,000 bpd in March: OPEC

TEHRAN – Iran increased its oil production by 12,000 barrels per day (bpd) in March, bringing total output to 3.335 million bpd, according to the latest monthly report from the Organization of the Petroleum Exporting Countries (OPEC).

2025-03-15 12:53

Iran says its crude oil exports meet global standards

TEHRAN - Iran's National Iranian Oil Company (NIOC) has dismissed claims in some media outlets about the production of low-quality crude, stating that Iran's oil exports meet global standards and urging "biased media" to prioritize national interests.

2025-03-14 12:06

Iran's oil output rises by 34,000 barrels in February 2025

TEHRAN – Iran's crude oil production increased by 34,000 barrels per day (bpd) in February 2025, reaching 3.308 million bpd, according to OPEC's latest monthly report.

2025-02-03 15:34

Iran increases oil production by 70,000 bpd

TEHRAN - The managing director of the National Iranian Oil Company (NIOC) announced a 70,000-barrel-per-day (bpd) increase in the country's oil production and a rise in gas output to over 30 million cubic meters in recent months.

2025-01-17 13:11

Iran retains position as OPEC’s third-largest oil producer: report

TEHRAN – According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, with an average daily production of 3.314 million barrels.

2024-12-24 16:42

Iran to unveil its first AI-equipped oil well next year

TEHRAN- Iran’s vice president for science and technology said that the country will unveil its first oil well equipped with the artificial intelligence (AI) next year.

2024-12-13 13:24

Iran's oil output rises by 37,000 bpd in November: OPEC

TEHRAN - Iran's oil production increased by 37,000 barrels per day (bpd) in November compared to the previous month, according to the latest report from the Organization of the Petroleum Exporting Countries (OPEC).

2024-11-22 15:12

Iran's oil output rises 60,000 bpd

TEHRAN - The head of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has increased by 60,000 barrels.

2024-11-13 13:39

Iran’s oil production stands at 3.259 million bpd in Oct.: OPEC

TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million barrels per day (bpd) of crude oil in October, while the figure was 3.327 million bpd in September.

2024-10-29 12:29

Iran’s oil, gas condensate output up 8% in Q3 2024

TEHRAN – Iranian Oil Ministry has said that despite the U.S. sanctions the Islamic Republic’s crude oil and gas condensate production in the third quarter of 2024 has increased by over eight percent compared to the same period last year.

2024-10-15 12:13

Iran’s oil output rises in September despite decline in OPEC production: report

TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report, published on Monday, has said Iran produced 3.316 million barrels per day (bpd) of crude oil in September, registering a 21,000-bpd increase compared to the previous month.

2024-09-13 13:45

Iran remains OPEC 3rd biggest oil producer in August: report

TEHRAN – 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.

2024-08-31 13:32

China oil imports from Iran surge to 1.75m bpd: report

TEHRAN - China’s imports of Iranian oil have reached a record of 1.75m barrels per day (bpd) in August, oiprice.com reported, citing data from Kpler.

2024-08-10 13:23

Iran expanding oil export destinations: report

TEHRAN – Iran has been expanding its oil destination markets as the country is pushing to send more oil to the global markets in an attempt to neutralize Western sanctions.

2024-08-03 15:25

Iran’s oil output hit six-year high: survey

TEHRAN – Iran’s oil production in July reached 3.22 million barrels per day (bpd), the highest level since the U.S. withdrew from the nuclear pact with Iran and re-imposed sanctions on the country in 2018, Reuters reported.

2024-07-13 14:37

Iranian oil output still on upward trajectory: OPEC

TEHRAN – The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.251 million barrels per day (bpd) of crude oil in June, registering a 13,000-bpd increase compared to the previous month.

2024-07-12 13:43

Iran’s oil production rises 1.4m bpd in about 2.5 years

TEHRAN - Iranian Oil Minister Javad Oji says the country’s oil production has increased from 2.2 million barrels per day (bpd) in 2021, when the current government took office, to 3.6 million bpd in the current year, IRIB reported.

2024-07-09 13:25

Iran’s oil production to reach 4m bpd

TEHRAN - The Iranian Oil Minister Javad Oji has said the country plans to increase its daily crude production to 4.0 million barrels per day (bpd) by late March 2025 and the preparations for the mentioned increase are currently underway, IRNA reported.