VOL. XXXIX

No. 38

17 June 1996

IRAN

Iranian Crude Exports Fell By 128,000 B/D In May To 2.336Mn B/D

According to data from MEES sources, Iran's crude oil exports averaged 2.336mn b/d during May, a drop of 128,000 b/d from the April average of 2.464mn b/d. Allowing for estimated deliveries to domestic refineries of 1.1mn in May, Iran's crude oil production for the month is put at 3.436mn b/d as compared with 3.564mn b/d in April, 3.605mn b/d in March, 3.731mn b/d in February, and 4.038mn...