Iran Exports Hit 5 Year High… Reuters – Commodity Research Group

September 16, 2016 by Jim Colburn Leave a Comment

There was some talk that Iran’s oil production had plateaued… Perhaps not:

“August crude exports from Iran excluding condensate roughly doubled from a year ago to 2.11 million bpd, the source said, based on data compiled from tanker loading schedules.

The crude exports have climbed from 1.9 million bpd in June and 1.83 million bpd in July, the schedules showed.

Iran’s August exports are the highest since January 2012, boosted by record purchases from the world’s third-largest oil importer India and a 48 percent jump that brought European sales to 630,000 bpd, tanker loadings for last month also showed.”

http://www.reuters.com/article/us-iran-oil-exports-idUSKCN11M0XL

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