The country’s oil production output volume in the last quarter of the previous year increased by 36,000 barrels of oil per day as compared to the last year’s corresponding period, the report added.
OPEC added that the Islamic Republic produced 2,574,000 barrels of oil per day (bpd) in February 2023.
In addition, Iran produced 2,554,000 barrels of oil per day (bpd) in January 2023.
According to OPEC report, ranked 5th in the world in terms of oil production.
Iran produced 2,529,000 barrels of oil per day in the first three months of the previous year (March 21 to June 22, 2022).
Presently, Saudi Arabia, Iraq and the United Arab Emirates are the world’s largest oil production countries respectively.