Iran Sees Oil Output Reaching 4 Million Bpd By April, Aims For 4.7 Million Bpd

Iran said in January its daily output was close to 3.9 million barrels. Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over the next five years to raise output to 4.7 million bpd, a senior oil official was quoted as saying on … Read more