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Iran oil sales

Iranian heavy crude price up in January: OPEC data

Iranian heavy oil price increased by $2.45 in January to register a 3.1-percent increase compared to December 2022, according to OPEC’s latest monthly report.

Energy

Iran eyes 1.4 mb/d of oil sales in fiscal 2023-24

The National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 as per the budget law of next Iranian year (March 2023-24), partly by using a barter system.

Energy

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

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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