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Iran’s Crude Oil Production Exceeds 3 Million bpd in November: OPEC

  • December, 16, 2023 - 12:59
  • Economy
Iran’s Crude Oil Production Exceeds 3 Million bpd in November: OPEC

TEHRAN (Tasnim) – According to the latest report released by the secretariat of the Organization of Petroleum Exporting Countries (OPEC), Iran’s crude production volume in November 2023 reached 3.128 million barrels of oil per day (bpd), showing a hike of 7,000 barrels compared to a month earlier.

Economy

According to OPEC, 13 members of the organization produced 27.837 million bpd in November, registering 57,000 barrels of oil less than that of October.

The 13 OPEC members produced 27.895 million barrels of oil in October 2023, the report said, Mehr news agency reported. 

Saudi Arabia, Iraq and Iran stood in the first to third places by producing 8.998 million, 4.278 million and 3.128 million bpd respectively, OPEC added.

 

 

 

 

 
R1651/P
Read more
Iran’s Oil Output Tops 3 Million bpd in October: OPEC
Iran Returns to 3rd Place in OPEC by Overtaking UAE: US Energy Department
OPEC Output to Grow by 1 Million bpd by 2030: IEA
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