Iran’s April Oil output up 10,000 bpd from March
Iran’s oil output in April reached 3.78 million barrels per day (bpd), a 10,000 bpd increase compared to the previous month.
According to a Reuters survey published on May 2, the country’s oil output stood at 3.77 million bpd in March.
Iran’s output has increased by 73,000 bpd in April compared to the baseline for OPEC, non-OPEC deal, which was 3.707 million bpd for Iran.
As the survey indicated, Iran has achieved over 81 percent of its allowed output increase of 90,000 bpd, according to the OPEC, non-OPEC deal in Jan. 2016.