Crude Oil Production in Iran decreased to 2225 BBL/D/1K in June from 2367 BBL/D/1K in May of 2019. Crude Oil Production in Iran averaged 3547.14 BBL/D/1K from 1973 until 2019, reaching an all time high of 6677 BBL/D/1K in November of 1976 and a record low of 510 BBL/D/1K in October of 1980.
Crude Oil Production in Iran is expected to be 2650.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Iran to stand at 3350.00 in 12 months time. In the long-term, the Iran Crude Oil Production is projected to trend around 3250.00 BBL/D/1K in 2020, according to our econometric models.