Industry sources and tanker data show that Iran's oil exports in June 2019 have dropped to 300,000 bpd from 400,000-500,000 bpd in May 2019, a fraction of Iran's 2.5 million bpd of oil exports from May 2018 prior to U.S. sanctions.
Iran’s Oil Exports in June Drop to 300,000 bpd
< 1minute read
Industry sources and tanker data show that Iran’s oil exports in June 2019 have dropped to 300,000 bpd from 400,000-500,000 bpd in May 2019, a fraction of Iran’s 2.5 million bpd of oil exports from May 2018 prior to U.S. sanctions.