Iran’s Oil Exports Surge In June ...Middle East

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Iran’s Oil Exports Surge In June
source : OILPRICE ( Middle East ) () 11
Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19, according to data from seaborne oil trade analytics company Petro-Logistics cited by commodity analyst Giovanni Staunovo. To compare, the average crude oil exports out of Iran stood at 461,000 bpd for the entire month of May, per Petro-Logistics data.  Despite the diplomatic impasse over the nuclear deal, Iran has been preparing to rejoin the global oil market. The country has boosted production, as well as…

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