More from the IEA: Iranian oil output plunged to 2.63M bbl/day in September, the lowest in 23...

|By:, SA News Editor

More from the IEA: Iranian oil output plunged to 2.63M bbl/day in September, the lowest in 23 years and down more than 1M bbl/day in the past year. The oil market had expected a rebound M/M on new purchases by South Korea and Turkey on top of regular buying by China, India and Japan. Compliance with sanctions "appears to have tightened," IEA says.