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Iran oil sales

U.S. admits to rise in Iran’s oil output, exports

U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, Iranian Oil Minister Javad Owji has said.

Energy

Iran’s oil revenues up 43% in 2022

Iran’s total revenues obtained from oil and gas exports in the previous Iranian calendar year to late March exceeded $55 billion, up 43% compared to figures reported a year earlier, the country’s oil minister says.

Energy

Minister says Iran will export oil wherever it wants

Iranian Oil Minister Javad Owji said on Sunday that the country “will export crude oil and gas condensates wherever it wants”.

Energy

Iran’s oil prices up $6 per barrel in August: OPEC data

Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show Iranian oil prices rose by an average of $6.1 per barrel in August.

Energy

Iran’s oil exports to China hit historic record in August: Report

Iran’s exports of oil to China hit an all-time record in August despite continued US pressure on the country, according to a report published in the local media citing data from a major international energy data company.

Energy

Iran’s oil output, exports surge in August despite US sanctions

Iran’s oil production and exports jumped in August despite the US sanctions, according to consultants and companies that track tanker shipments.

Energy

China is buying the most Iranian oil in a decade, Kpler says

Chinese imports of sanctioned Iranian oil are running at the highest level in at least a decade as rising global prices make the discounted crude more attractive, according to a Bloomberg report citing figures by data intelligence firm Kpler.

Energy

Iran’s oil exports exceed budget target of 1.4 million bpd

Iran’s crude oil exports has already hit a target set in the country’s annual budget law despite US sanctions as authorities expect even higher sales could boost government finances and help finish major infrastructure projects.

Energy

Iran crude exports hit $19 billion in Jan-May

The latest figures by the Energy Information Administration of the United States (EIA) indicate that Iran has exported some $19 billion of crude oil in the first five months of 2023.

Energy

OPEC chief in Tehran to discuss global oil market

OPEC Secretary General Haitham Al Ghais is scheduled to hold separate meetings with Iranian President Ebrahim Raisi and Oil Minister Javad owji in Tehran on Saturday to discuss the issues surrounding the global oil market.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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