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Reuters report cited tanker data and industry sources that showed a drop in Iran’s oil exports in May to 400,000 bpd. Oil exports have dropped from at least 2.5 million bpd in April 2018 as a result of U.S. sanctions on Tehran. There is no definitive data about Iran’s oil exports since Iran stopped reporting its production figures to OPEC.

Reuters: Iran’s May Oil Exports Drop to 400,000 bpd

Reuters report cited tanker data and industry sources that showed a drop in Iran’s oil exports in May to 400,000 bpd.

Oil exports have dropped from at least 2.5 million bpd in April 2018 as a result of U.S. sanctions on Tehran.

There is no definitive data about Iran’s oil exports since Iran stopped reporting its production figures to OPEC.

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