Iran oil output up 500k bpd y/y: IMF

The new statistics released by the International Monetary Fund (IMF) show that Iran’s oil production in 2023 saw an increase of 500,000 barrels per day (bpd) in comparison to the previous year, reaching 3.1 million bpd. According to the new data, the oil sector of Iran’s economy recorded a noteworthy growth of 15% in 2023. […]