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Iran's crude oil

  • Despite US sanctions;

    Figures show that the demand for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.

  • EghtesadOnline: Director of National Iranian Oil Company (NIOC) for International Affairs Mohsen Qamsari said that the country would increase output production to 4 million barrels in case there are demands.

  • EghtesadOnline: Iran's crude oil exports were flat in June at just over 2 million barrels per day and production at 3.610 million bpd was steady from the previous month, official data showed.