BAKU, Azerbaijan, October 14. Iran, not subject to OPEC+ supply reductions, has experienced a 30-percent increase in its oil shipments since January, leading to a significant 60-percent surge in oil export earnings, Trend reports.
As such, Iran's gaining from oil exports in September 2023 amounted to $4.7 billion, in contrast to $3.1 billion in January.
According to the agency's assessments, in September, Iran's crude oil supply remained relatively stable, reaching 3.14 million barrels per day, a five-year high.
Iran's oil export revenues in Jan.-Sep. 2023:
|
Jan. 23 |
Feb. 23 |
Mar. 23 |
Apr. 23 |
May. 23 |
Jun. 23 |
Jul. 23 |
Aug. 23 |
Sep. 23 |
|
$3.1 bln. |
$3.4 bln. |
$2.6 bln. |
$3.4 bln. |
$4.1 bln. |
$4 bln. |
$3.7 bln. |
$4.9 bln. |
$4.7 bln. |
At the same time, the IEA expects the country's oil supply to grow by 210,000 b/d year-on-year in 2024, assuming its output remains at current levels.