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Iran aims for oil output of 4 million barrels per day for 2024-25

Published November 21, 2023 Updated November 21, 2023 01:24pm
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By Reuters
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DUBAI: Iran’s oil production should reach 3.6 million barrels per day by March 20, 2024, Iran’s oil minister Javad Owji said on Tuesday according to semi-official Tasnim news agency, up from the current level of 3.4 million barrels per day.

Oil falls after steep gains on prospect of further OPEC+ cuts

“We aim to reach 4 million barrels per day of oil production for next year,” Tasnim cited Owji as saying, referring to the next Iranian year starting March 20, 2024.

Iran’s

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