Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show that Irans crude output rose slightly in September to reach 2.503 million barrels per day (bpd). The figures, published in a report by Irans Fars news agency on Saturday, showed that Irans September oil output had increased by 21,000 bpd or 0.84% compared to production ...

A senior Iranian Oil Ministry official says crude output in the country can be restored to levels recorded before the US sanctions were imposed on the country in 2018 only in a matter of a single day. Iran is ready to lift its mandatory reduction in oil output to bring production to 95 percent of the pre-sanction levels within one single day, said ...