TEHRAN- Iran produced 3.83 million barrels per day (bpd) of oil during the third quarter of 2017, with a 20,000 bpd increase from 3.81 million bpd in its previous quarter, according to the latest statistics released by U.S. Energy Information Administration (EIA).

In its report titled Short-Term Energy Outlook (STEO) released on December 12, EIA also put Iran’s oil output at 3.8 million bpd in the first quarter of 2017.

The country’s oil production in this year’s third quarter also shows increase compared to 3.67 million bpd in the third quarter of 2016.

Further in its report, EIA put Iran’s liquid fuels production at 4.7 million bpd in November increasing from 4.6 million bpd in October. The average figure for October-November 2017 was 4.6 million bpd rising from 4.4 million bpd in October-November 2016.

MA