Crude Oil Production in Iran decreased to 3755 BBL/D/1K in September from 3806 BBL/D/1K in August of 2018. Crude Oil Production in Iran averaged 3560.89 BBL/D/1K from 1973 until 2018, 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 3600.00 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 3000.00 in 12 months time. In the long-term, the Iran Crude Oil Production is projected to trend around 3300.00 BBL/D/1K in 2020, according to our econometric models.