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Iran has increased oil exports by 500,000 bbls/day

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Iran managed to increase its oil exports by 500,000 barrels per day since sanctions were lifted, Reuters reports.

    Reuters quotes Mohsen Ghamsari, Director of International Affairs of National Iranian Oil Company (NIOC), noting "as we had promised, we managed to increase our exports by 500,000 bpd shortly after the lifting of sanctions."
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