Iranian oil production graph
The biggest sector of Iran´s economy are services, which account for 51 percent of GDP. With services the most important segments are: real estate and specialized and professional services (14 percent of total GDP); trade restaurants and hotels (12 percent) and public services (10 percent). Oil production constitutes 23 percent of the wealth. Stretching from Turkey and Iraq to Turkmenistan and Pakistan, the Islamic Republic of Iran is the world’s 17 th largest country in terms of territory, comprising around 1,648 thousand square kilometres. It is one of the world’s oldest continuous major civilizations. It has a population of around 82 million. Iran is an energy superpower and the Petroleum industry in Iran plays an important part in it. In 2004 Iran produced 5.1 percent of the world's total crude oil (3.9 million barrels (620,000 m 3) per day), which generated revenues of US$25 billion to US$30 billion and was the country's primary source Protests severely disrupted the Iranian oil sector, with production being greatly curtailed and exports suspended. In November 1978, a strike by 37,000 workers at Iran's nationalized oil refineries initially reduced production from 6 million barrels (950,000 m 3) per day to about 1.5 million barrels (240,000 m 3). Iran Oil Production: Iran Oil Production is at a current level of 4.715M, down from 5.024M one year ago. This is a change of -6.14% from one year ago. The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Source: CIA World Factbook - This page was last updated on December 7, 2019. See Also. Oil - production by year chart; Oil - production rank chart
Graph and download economic data for Crude Oil Exports for Iran, Islamic Republic of (IRNNXGOCMBD) from 2000 to 2020 about Iran, crude, REO, oil, and
The country continues to produce enough oil to meet its own needs plus what it can store and export on the black market, but according to OPEC, total production is only 3.1 million barrels per day. That is about 3% of the world total. Iran is believed to have stored around 25 million barrels of oil, Home Data / Graphs Historical Production Data. Historical Production Data. OPEC Member Countries’ historical production data, directly communicated or based on secondary sources, are available in OPEC’s Monthly Oil Market Reports. These reports can be viewed here. In 2012, Iran's exports of crude oil and lease condensate dropped to their lowest level since 1986 (see chart above) as the United States and the European Union (EU) tightened sanctions targeting Iran's oil sector. Iran's 2012 net estimated oil export revenue, at $69 billion, was significantly lower than the $95 billion total generated in 2011. Oil exports make up 80% of Iran's total export earnings and 50% to 60% of its government revenue, according to the Economist Intelligence Unit. On the contrary, it affects future production through decreased investment in exploration and development of new fields. However, in the current conditions when oil price hovered above break-even price (price at which it becomes worthwhile to extract) for several years the response of production to price decrease may come more quickly.
25 Feb 2020 The OPEC+ alliance is seeking to reduce oil supplies by about 1.7 million barrels a day in Output figures and compliance rates may not add up due to rounding. OPEC members Libya, Iran and Venezuela are exempt.
Iran Crude Oil Production is at a current level of 2.841M, down from 2.957M last month and down from 4.535M one year ago. This is a change of -3.92% from last month and -37.35% from one year ago. Iran’s Crude Oil: Exports data is updated yearly, averaging 2,220.000 Barrel/Day th from Dec 1980 to 2018, with 39 observations. The data reached an all-time high of 2,684.100 Barrel/Day th in 2004 and a record low of 714.600 Barrel/Day th in 1981. Iran’s Crude Oil: Exports data remains active status in CEIC To Where Iran Ships its Crude. After President Donald Trump pulled out of the Nuclear Deal with Iran, the United States is now threatening countries that import Iranian oil with sanctions. The two major regions importing Iranian oil are Asia Pacific and Europe, which together received some 2.1 million barrels per day in 2017, according to OPEC data.
In depth view into Iran Crude Oil Production including historical data from 1973, charts and For advanced charting, view our full-featured Fundamental Chart.
14 Nov 2019 This week, Iranian media reported that the government is basing its next year's budget on zero oil exports. Given the fact that Iran sold around $60 from oil exports for the Iranian economy over the period 1908p2010. As can be seen from Figure 1 oil production increased significantly from 1960 onwards as. 10 Jan 2020 killing of Iran's most powerful commander and missile strikes on military bases in Iraq—oil prices have remained relatively stable. As the chart
14 Nov 2019 This week, Iranian media reported that the government is basing its next year's budget on zero oil exports. Given the fact that Iran sold around $60
8 Jan 2020 Escalating tensions following the death of an Iranian military leader in a We've added 7.5 million barrels a day of oil production versus a decade ago. Bank stocks sink as zero rates, buyback suspensions act as a double 25 Feb 2020 The OPEC+ alliance is seeking to reduce oil supplies by about 1.7 million barrels a day in Output figures and compliance rates may not add up due to rounding. OPEC members Libya, Iran and Venezuela are exempt. Explore analysis, reports, news and events about Oil Market Report. Featuring tables, graphs and statistics, the OMR provides all the data necessary to and track oil market developments and to identify trends in production, consumption, 4 Oct 2019 Sanctions are constraining Iran's output and straining oil storage capacity However, with lower production rates due to sanctions, this 3 Jan 2020 Oil prices moved higher Friday after a top Iranian general was killed in a US airstrike ordered by President Donald Trump. 9 Apr 2018 rates and increased production from the fields to 48,000 b/d. Oil Sector. Reserves . Iran holds almost 10% of the world's crude oil reserves and 16 Jun 2019 Iran could destabilise the new normal in oil prices for Brent crude in the spring of 2014 to the current figure, of around $65, has been tough Supply is being steadily augmented by US shale production, which has increased
3 Jan 2020 An Iranian flag in front of an oil production platform Oil prices have jumped by more than $2 a barrel after Iran's most Guardian graphic. 15 May 2019 Iran's production of oil, its top revenue source, declined to its lowest level in April's oil output figure was Iran's lowest since September 2013. 6 Jan 2020 Oil price keeps rising as industry eyes Iran-US conflict to raise rates anytime soon to counter any inflationary effects from higher oil prices. 8 Jan 2020 Escalating tensions following the death of an Iranian military leader in a We've added 7.5 million barrels a day of oil production versus a decade ago. Bank stocks sink as zero rates, buyback suspensions act as a double