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Iran's oil output plunges below pre-war domestic needs

Published by Iran International · Iran 9 h ago
Iran's oil output plunges below pre-war domestic needs
Iran International

Detailed summary

"Iran's fuel oil (mazut) loadings have also fallen to 15% of their pre-war levels. However, some of the surplus refinery products, such as fuel oil, can be sold to countries like…

Iran's oil production fell by nearly half from pre-war levels in October, dropping below the amount its refineries consumed before the war, according to new figures from the International Energy Agency (IEA) and Iranian Oil Ministry data reviewed by Iran International.

The IEA estimated in its latest monthly report that Iran produced 1.86 million barrels of crude oil per day in October, down 46% from pre-war levels.

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