Iran sees huge hike in oil income
Baku, Azerbaijan, Sept. 15
By Khalid Kazimov – Trend:
Iran’s oil revenues over the first four months of the current fiscal year (starting march 20) increased by 147 percent compared to the same period of time last year.
According to the latest report by the Central Bank of Iran, the country’s revenue from the sales of oil and its products in the mentioned period reached $7.8 billion.
The country’s revenue from crude in the mentioned period stood at $5.7 billion, indicating an increase of 136 percent.
In the meantime, the country’s income from oil products and condensate saw a surge of 207 percent valuing at $1.6 billion.