Commodity Origins

How much crude oil does Iran produce?

Iran is the 5th largest producer of crude oil: 5,184 thousand barrels daily in 2025, 5.2% of the world's 100,590 thousand barrels daily (Energy Institute).

All about crude oil · All about Iran · Crude oil price history

Iran's crude oil production

Iran crude oil production, 2025
World rankProduction (thousand barrels daily)Share of worldTen-year growthYear
55,184 thousand barrels daily5.2%+3% a year2025

Energy Institute Statistical Review of World Energy, Statistical Review 2026.

Iran crude oil production monthly prices, thousand barrels daily, Jan 1965 to Jan 2025Line chart of iran crude oil production monthly prices in thousand barrels daily from Jan 1965 to Jan 2025: Iran crude oil production from 1,908 to 5,184, peaking at 6,060.01,0002,0003,0004,0005,0006,000196519701975198019851990199520002005201020152020thousand barrels daily
Iran crude oil production

Share of world output over time

Iran's share of world crude oil production in selected years
19902000201020202025
5%5.2%5.3%3.7%5.2%

Average annual share by decade: 1960s 6.8%, 1970s 8.9%, 1980s 3.6%, 1990s 5.4%, 2000s 5.2%, 2010s 4.7%, 2020s 4.5%. See the concentration-over-time report.

The crude oil price Iran sells into

The benchmark price, Brent (dated, 38° API), was $116.8/bbl in September 2026, up 72% over twelve months. Its five-year volatility is 34% a year, calmer in 68% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Crude oil price history.

Cite as: Commodity Origins, "Iran crude oil: production, exports and prices", https://commodityorigins.com/countries/IRN/crude-oil/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.