Iran exporting 1.3 mln bpd of crude, set to increase -Shana
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 pre-sanctions 2011 peak of around 3 million bpd. "Today our oil exports have reached 1.3 million barrels a day, and by the end of the ...
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