Iran’s oil output hits 3.25m bpd in March: EIA

TEHRAN – The U.S. Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.25 million barrels per day (bpd) of oil in March 2024, 20,000 bpd more than the previous month.

According to the EIA report, Iran’s oil production in February stood at 3.23 million bpd.

Iran has produced an average of 3.2 million barrels of oil per day in the first quarter of this year, based on the report.

Iran’s oil production in the first quarter of this year has increased by 50,000 bpd compared to the fourth quarter of the previous year and by 630,000 barrels per day…