NewsSpecial WireIran oil revenue stands at $43 billion – report

Iran oil revenue stands at $43 billion – report

-

Iran Focus: Tehran, Iran, Feb. 04 – Iran’s crude oil revenue during the period from March 21, 2007 to November 21 stood at $43.492 billion, state media reported. Iran Focus

Tehran, Iran, Feb. 04 – Iran’s crude oil revenue during the period from March 21, 2007 to November 21 stood at $43.492 billion, state media reported.

The figure comprises the country’s revenue from both crude exports and oil swaps, according to a report by the economic desk of the government-owned news agency Fars.

Iran exported 2.6 million barrels of oil per day on average during the period.

The average price of Iran’s crude oil in the same period was $ 68 per barrel, the report added.

A report jointly prepared by Iran’s Central Bank and the National Iranian Oil Company (NIOC) has estimated that Iran’s oil revenue in the last Iranian year rose by $15 billion compared with the year earlier, which had been estimated at $45.615 billion.

Latest news

Iran: 60% Of Population Is Poor

The livelihood baskets of the Iranian people are shrinking dramatically. This, in turn, has introduced new concerns to protect...

The implications of EU’s terrorist designation of the Revolutionary Guards (IRGC)

The European Parliament called on January 18 for the European Union to list Iran's Revolutionary Guards (IRGC) as a...

Iran’s Regime Is Hiding Human Rights Violations In Its Prisons

With more than four months into Iran’s latest round of nationwide uprisings, the brutality of the Iranian regime’s security...

How Internet Censorship Is Damaging Iran’s Economy

While in the last four months, internet access in Iran has been cut off or severely limited, the regime’s...

Iran Regime’s Upcoming Budget Bill Will Lead To More Protests

On January 12, the Iranian regime’s president Ebrahim Raisi handed over the country’s budget bill to the parliament.  According...

Iran Is Facing a Severe Shortage of Natural Gas

With the start of winter and cold season, the National Iranian Gas Company declared, "we have entered a gas...

Must read

Turkmenistan halts gas exports to Iran over payment row – report

Iran Focus London, 2 Jan - Turkmenistan stopped gas...

You might also likeRELATED
Recommended to you