Iran to reach 4m bpd oil output by March 2017 - Iranian OilMin

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Iranian oil minister Bijan Namdar Zangeneh was quoted by reporters that Iranian oil exports is likely to reach 2.25m bpd in one year, while output is expected to reach 4m bpd by March 2017.

    Meanwhile, oil prices are still extending higher with Brent up +2.35%, while WTI rallies over +3%.
    For more information, read our latest forex news.

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