Iran’s crude oil exports since the start of the month have averaged around 500,000 bpd, according to a Reuters report that cites estimates from tanker tracking companies. This is lower than March levels but much higher than a year ago, the report noted. “Exports have continued at these elevated levels longer than we expected,” Reuters quoted the CEO of Petro-Logistics, Daniel Gerber, as saying. “And with constructive talks occurring in Vienna, we may never see a return to the 2020 lows.” Calculating Iranian crude oil…
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