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emmitton Sep 08, 2015 8:07pm
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RE:RE:RE:RE:US Production falls 5% in 2 months - Historical Decline
RE:RE:RE:RE:US Production falls 5% in 2 months - Historical DeclineIranian oil minister disagrees with Pickens
Iran plans to produce 3.8 million to 3.9 million barrels of oil a day by March, with output rising by 500,000 barrels a day soon after sanctions are lifted and by 1 million barrels within the following five months, Oil Minister Bijan Namdar Zanganeh said in a Sept. 2interview. It’s currently producing 2.8 million barrels a day, its highest level in three years, and is exporting more than 1 million barrels a day, he said.