Iran’s oil production increased by 50,000 barrels per day (bpd) in the first two months of 2024 to hit 3.2 million bpd, according to a recent report by the International Energy Agency (IEA).
The International Energy Agency (IEA) has put Iran's oil income in the first nine months of 2023 at about $34 billion, which was equivalent to 12 percent of OPEC's total income in this period, Shana reported.
The International Energy Agency (IEA) in its latest Oil Market Report released last week put Irans oil production in December at 2.72 million barrels per day (bpd) indicating that the country has risen to the fourth place among OPECs top oil producers.
Based on the report, Irans oil output in the last month of 2022 did not change compared to November,...
Reuters - Oil prices fell on Wednesday after a report allayed concerns about tightening supply, ending a rally that took prices to their highest since early November on concerns that OPEC output cuts and sanctions would take too much oil out of the market.
The International Energy Agency (IEA), a watchdog for oil consuming countries, said in a statement ...
S & P Global Platts - Crude oil production capacity in Iran and Venezuela will fall by a combined 1.76 million b/d if US sanctions on these countries remain in place, the International Energy Agency said in a report Monday.
IEA forecasts Venezuelan crude production capacity to fall from 1.31 million b/d in 2018 to 750,000 b/d in 2019, a loss ...
AP The International Energy Agency said Wednesday that global oil supplies are growing rapidly as Saudi Arabia, the United States and Russia pump more oil in response to fears of higher prices as a result of renewed U.S. sanctions on Iran.
The IEA said in its monthly report that October output rose by 2.6 million barrels a day to 100.7 million ...
Sputnik - Iran's oil exports fell by 90,000 barrels per day to 1.8 million barrels per day in October, with exports to China rising to 820,000 barrels, the International Energy Agency (IEA) report showed Wednesday.
"During October, shipments of Iranian oil fell 90 kb/d to 1.8 mb/d with waiver countries China, India, Korea, Turkey, Japan, Italy,...
Radio Farda - With spending $45.1 billion on fossil energy consumption subsidies in 2017, Iran ranked first globally, International Energy Agency reported Oct.29.
The value, which increased 55% year-on-year, equals to 10.4% of Irans annual GDP and 15% of total global energy subsidies.
The main reason why the value of Irans fuel subsidies had ...
CNBC - AU.S.plan to impose targeted crude sanctions againstIrancould significantly impact global supply and exhaust the world's spare oil capacity cushion, according to the latest monthly report from the International Energy Agency (IEA).
The IEA's closely watched report comes shortly after there-introduction of U.S. sanctionsagainst Iran,...
Press TV - Indications are growing that show the US cannot rely on Saudi Arabia for too long to make up for the missing Iranian oil supplies once American sanctions are re-imposed against the country.
Reuters in a report quoted estimates by the International Energy Agency (IEA) as showing that Saudi Arabia would have to pump an extra volume ...
Bloomberg- OPEC will increase its production capacity by about twice as much as previously thought, led by expansion in Iran and Iraq, the International Energy Agency said.
The Organization of Petroleum Exporting Countries will raise output capacity by 1.95 million barrels a day from 2016 to 2022, with a third of the gains concentrated in Iraq, ...
TEHRAN (Tasnim) The International Energy Agency announced that Irans oil production has returned to the level of pre-sanctions era.
According to the IEA charts, Irans oil output reached 3.56 million barrels a day in April, the highest since November 2011, Bloomberg reported.
Data also show that Irans crude exports have increased to 2 million ...
NEW YORK (AP) -- The International Energy Agency says oil prices may fall further this year due to low demand, warm winter weather and an oversupply of crude.
The organization advises countries on energy policy. It said in its monthly report Tuesday that excess global supply may reach 1.5 million barrels per day during the first half of the year....
The international prices of oil have hit fresh 7-year lows in what appears to be a result of growing oversupply concerns.
US benchmark West Texas Intermediate (WTI) for delivery in January was down 28 cents at $36.48 and Brent crude for January was trading 26 cents lower at $39.47 at around 0240 GMT, their lowest levels since early 2009 during ...
TEHRAN, Nov. 18 (Shana) General secretaries of the Organization of Petroleum Exporting Countries (OPEC) Abadallah El-Badri and International Energy Forum (IEF) Aldo Flores-Quiroga have confirmed their participation in the third summit meeting of the Gas Exporting Countries Forum (GECF), sources close to the meeting told Shana on Wednesday.
The summit ...
As Iran is preparing to present its new oil and gas prospects to international majors, speculations are already rising that the companies are already preparing for a rush to Tehran mainly because oil production costs in Iran are too low compared to other places.
The International Energy Agency (IEA) has announced in a report that Iran is one of ...
A new report by the International Energy Agency (IEA) shows that imports of Iranian crude oil by other countries have reached their highest level since international sanctions were imposed on Iran's energy sector.
According to the Bloomberg quoting IEAs report, oil-importing nations bought the highest quantities of Iranian crude in May since the ...
World demand for oil will increase by 1.4 million barrels a day this year, the International Energy Agency has said.
The rise is 300,000 barrels a day faster than it previously forecast, said the agency, predicting total daily demand to average 94 million bpd.
Global demand in 2014 was about 92.6 million barrels a day, the IEA said.
According ...
(Reuters) - World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency (IEA) said.
While the likelihood of an immediate jump in Iranian supplies looks slim, the ...
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