Iran's Crude Exports Surge With Days to Go Before Freeze Talks
- Shipments jump by more than 600,000 barrels a day: tanker data
- Saudi Arabia, Russia meet in Doha on Sunday to discuss output
This article is for subscribers only.
Iran’s crude shipments have risen by more than 600,000 barrels a day this month, adding to the pressure facing producer nations as they prepare to meet in Doha to discuss freezing output to prop up oil prices.
Tankers carrying about 28.8 million barrels of crude, or more than 2 million a day, left the Persian Gulf country’s ports in the first 14 days of April, according to tanker-tracking data compiled by Bloomberg. That compares with a rate of about 1.45 million barrels a day in March.