Iran oil sales

Iran oil prices up $30 per barrel in 2022: OPEC

Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year on year in 2022 while its output also increased by 7% over the same period.

Energy

Iran expects an annual $14.7 billion sales of crude oil, derivatives

The government is projecting the sales of crude oil and its derivatives to earn 6,030 trillion rials ($14.75 billion) in the budget bill for the upcoming Iranian year (March 2023-24).

Energy

Report predicts Iran to earn $27 billion of oil revenues in 2023

Iran’s oil revenues are estimated to reach over $27 billion in 2023, according to a parliament report which expects a tight global supply of oil and continued sanctions on Iran will limit the country’s ability to pump more crude compared to last year.

Energy

Report puts Iran’s daily crude exports above 1.5m barrels

The statistics released by the US Department of Energy showed that Iran’s oil income in the first seven months of 2022 has increased as Iran exported more than 1.5 million barrels of oil per day during the period.

Energy

EIA says Iran earned $34 billion of oil revenues in seven months despite sanctions

U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021.

Energy

Ambassador voices Tehran’s readiness to deliver oil to India

Iranian Ambassador to India Iraj Elahi said on Friday that Tehran is ready to supply oil to India despite the US sanctions.

Energy

Iran’s last year oil revenues grow 11 times YOY despite sanctions

An official report released by the Iranian government on Wednesday suggests that Iran’s last year oil revenues rose by 11 times higher than that of a year earlier.

Energy

Iran easily exports oil despite sanctions: Minister

Iranian Minister of Petroleum Javad Owji said on Monday that despite the Western sanctions on Iranian oil industry, the country is exporting oil to customers without any problem.

Energy

How will Iran’s return to oil markets impact prices?

As efforts by Iranian negotiators and those of the world powers to revive a 2015 nuclear deal are getting over the finish line, there are many speculations about how a new potential deal could affect the global oil market.

Energy

Iran says ready to increase oil exports with removal of sanctions

Iranian Minister of Petroleum Javad Owji on Saturday reiterated Iran’s readiness to increase oil exports to previous levels as soon as the unilateral sanctions on the country are lifted.

Energy