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Iran’s heavy oil prices fell / production to 3.7 million barrels a day

According to OPEC’s latest monthly report, Iran’s oil production in January reached 3.7 million barrels a day and Iran’s heavy oil fell more than $ 1 a barrel.

 

Iran’s heavy oil prices fell / production to 3.7 million barrels a day

Iran's heavy oil prices fell / production to 3.7 million barrels a day

According to the OPEC Secretariat, the OPEC report, based on secondary sources statistics, showed that Iran’s oil production reached 3.7 million barrels per day last month, up from 8.5 million barrels a day in the same period last year. The day was less in December.

According to secondary sources, OPEC, which consists of five countries, produced 3.7 million barrels a day in January, down from 3,000 barrels a day in December. Crude oil production increased in Saudi Arabia and Nigeria, while in Libya, Iraq and Kuwait.

Iran’s heavy oil price in January was $ 1 and 2 cents a barrel, down 1.9 percent from $ 1 and 2 cents in December. The average price of Iranian heavy oil since the beginning of this year was $ 2 and 2 cents compared to $ 2 and 2 cents in the same period of the year.

The value of the OPEC basket in January fell one dollar and 2 cents, or 6.5 percent, to $ 2 and 2 cents a barrel. The value of the OPEC basket since the beginning of this year has been $ 2 and 2 cents, compared to $ 2 and 2 cents in the same period a year earlier.

OPEC’s basket of oil except Venezuela’s Merey Grid in January due to low refining capacity due to repair activities and the weak economy of all petroleum products, especially jet fuel, gasoline and diesel, which fueled Asian refiners’ demand for oil. Oceania, Europe, and America became smaller.

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One comment

  1. Great content! Super high-quality! Keep it up! 🙂

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