Baku, Azerbaijan, Nov. 13
By Saeed Isayev - Trend: Iran's crude oil production has fell in October, compared to September, OPEC's November oil market report says.
Based on secondary sources, OPEC says Iran's crude oil production has fell from 2,667 tb/d to 2,651 tb/d.
According to OPEC, country's crude oil production based on direct communication has also fell from 3,517 tb/d to 3,200 tb/d in October, compared to September.
Iran's oil production in 2011 and 2012 was respectively 3.628 mbpd and 2.973 mbpd.
Iran's Heavy oil price per barrel has decreased as well, according to OPEC report, from $109.15 per barrel in September to $107.69 per barrel in October.
In total, OPEC's crude oil production (including Iraq) based on secondary sources amounted to 29,894 tb/d in October, compared to 29,891 in September.
OPEC's members are Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela.
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