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Kpler

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Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

Iran's oil exports have sunk to a record low as the coronavirus crisis compounds the impact of US sanctions already limiting shipments, underlining the diminishing oil clout of what was OPEC's second-largest producer. Exports averaged 70,000 barrels per day in April, down from 287,000 bpd in March according to Kpler, which tracks the flows. The difficulty assessing volumes means the total may be revised higher and Kpler told Reuters that ...
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