Azerbaijan, Baku, Sept. 30/ Trend M. Moezzi/
The director of international affairs at the National Iranian Oil Company says Iran's oil exports continue as they have in the past.
Mohammad-Ali Khatibi told the Iranian Students' News Agency (ISNA) there are many different factors that can affect oil markets.
Some of the reasons for changes in oil prices are economic, political, psychological and geopolitical issues and it's not always possible to predict how they will affect the market.
Although the Iranian authorities have several times rejected the idea that oil exports have dropped, Vice Parliamentary Speaker Mohammad-Reza Bahonar finally announced that oil exports have dropped to around 1 million barrels per day (bpd) during first half of the solar year (started on March 19) on average, while this figure for June and July has fallen to around 800,000 barrels per day.
Earlier, US Treasury Department announced that Iran is losing monthly $5 billion in oil revenues due to western sanctions and restrictions over its oil export and banking system.
Iran's oil export during last year was 2.3 million barrels per day and according to OPEC statistics it gained about $110 billion in 2011 from oil crude export.