Iran exporting 1.3 mln bpd of crude, set to increase
Gas flares from an oil production platform at the Soroush oil fields, 1,250 km south of Tehran from this July 25, 2005 file photo./ Iran is exporting 1.3 million barrels a day (bpd) of crude oil, and will be pumping 1.5 million barrels a day by the start of the next Iranian year on March 20, a vice-president was quoted as saying on Saturday. Oil traders are closely watching the pace of Iran's return to the market after a nuclear deal with world powers relieved Iran of sanctions that had cut its oil exports by more than half from their ...
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