Iran Claims Its Oil Exports Have Been At 700,000 Bpd Since March

Iran said on Wednesday that its oil exports have averaged between 600,000 barrels per day (bpd) and 700,000 bpd since the start of the Iranian year in March, yet analysts estimate that Iran’s oil exports have been lower. Hamid Pourmohammadi, deputy head of Iran’s budget and planning organization, told Iranian semi-official Fars news agency that Iran’s exports since the start of the Iranian year have averaged 600,000 bpd - 700,000 bpd, Reuters reported on Wednesday. Commenting on the official’s words, one industry source…