Iran’s Oil Minister Bijan Zanganeh: Iran’s oil production will reach 4 million barrels a day by March 2017

Market news

6 April 2016

Iran’s Oil Minister Bijan Zanganeh: Iran’s oil production will reach 4 million barrels a day by March 2017

Iran's Oil Minister Bijan Zanganeh said on Wednesday that the country's oil production would reach 4 million barrels a day by March 2017. He added that Iran planned to export 2.25 million barrels a day of this output.

The World Bank does not see a significant rise in oil prices even if a deal on the freeze of the oil output is reached this month

U.S. crude inventories decline by 4.9 million barrels to 529.9 million in the week to April 01

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