SHANA - The National Iranian Oil Products Refining and Distribution Company (NIORDC) has announced there will be no fuel shortages in Iran as daily gasoline production would reach 95.5 million liters in a few days. According to NIORDC, Alireza Arman Moghaddam, director consolidated planning at the company, said given the rising domestic demand for ...

By The Daily Star Excluding Iran from the global oil market would increase the shortfall between worldwide supply and demand based on September and October production and consumption estimates, the U.S. Energy Department said. Global fuel use averaged 2.4 million barrels a day more than output over the two months when Iran is excluded from the ...