Iran's output is expected to be flat on the month at 3.9 million b/d. The Islamic republic has started to find buyers for its heavier crude grades, Gerber said.
In recent weeks Iran was storing up to 20 million barrels of unwanted crude oil on tankers.
Saturday, August 12, 2006
Peak Oil Has Passed For Sweet Light Crude Oil
Via RIGZONE - OPEC July Output Seen Down 200,000 b/d
