The International Energy Agency (IEA) announced that Iran has recorded oil production 2.87 million barrels per day (mmbl/d) in May 2023, IRNA reported. 

According to IEA’s report, Iran’s crude oil production increased by 80,000 bbl/d in May 2023 compared to 2.79 mmbbl/d in April. 

By this amount of production, keep its possum position as the fourth largest oil producer in OPEC (Organization of Petroleum Exporting Countries), IEA said.