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Iran oil output News

23 May 2016

Oil prices dip as Iran says no plan to freeze output

Despite a recent rebound, world crude prices are still at less than half of their levels of June 2014 because of a supply glut, partly fed by Iran's return to world markets in January after the lifting of nuclear-linked Western sanctions.

Iran oil output

18 Jan 2016

Iran boosts oil output, foreign firms keen to seal deals

Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation.

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