Iranian Output Drops Sharply InAugust
According to MEES sources, Iran's crude oil exports dropped
sharplyby 295,000 b/d inAugust to average 2.475mn b/d as compared with 2.770mn b/d in July.TheAugustfigureis
also 355,000 b/d below the average of 2.83mn b/d maintained during the first seven months of the year.
Allowingforan estimated domestic refining throughput of
some 850,000 b/d, Iran's crude oil production for August is estimated to have totaled...