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01.04.24 10:30

Economy

Iran's daily oil production increases by 50,000 barrels since beginning of 2024

This is evidenced by the data of the relevant international organisation

Iran has increased its daily oil production by 50,000 barrels in the first two months of the current year. This is reported by IRNA, a partner of TV BRICS.

In the latest report on the state of the oil market, IEA experts said that the total oil production of OPEC countries in February this year was 26 million 910 thousand barrels per day, increasing by 140 thousand barrels per day compared to the previous month.

Among the 12 OPEC member countries, Iran, Venezuela and Saudi Arabia increased production this month. Iran's oil production in February 2024 increased by 30 thousand barrels per day compared to the previous month to reach 3 million 200 thousand barrels per day.

Iran's oil production also increased by 20 thousand barrels per day in the first month of this year.

Photo: iStock

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"International cooperation can help detect risks quicker, also exchange the results of research and coordinate the response measures. Without this coordination, the consequences of the global crisis could be heavier. [...] We are witnessing the world becoming more and more interconnected and interdependent. Every outbreak of infection in one region can be a potential threat globally. The experience shows us that the resilience of healthcare systems affects economic stability, the national security of states and public trust"

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President of the People’s Republic of China

"As permanent members of the UN Security Council and important major countries in the world, China and Russia should take a strategic and long-term perspective, drive the development and revitalisation of our respective countries through comprehensive strategic coordination of even higher quality, and work to make the global governance system more just and reasonable"

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Iran's daily oil production increases by 50,000 barrels since beginning of 2024

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