| Iran has increased crude oil production in 2014, elevating its rank to the third-largest crude producer in the Organization of Petroleum Exporting Countries (OPEC) during the first half of 2014, reports said. Iran's oil output in the first seven months of the year exceeded 3.2 million barrels per day (mb/d), increasing 131,000 barrels per day compared with the same period of last year, the Iranian students' news agency reported.
In 2013, Iran dropped from being the second-largest producer in OPEC to the fourth, standing behind Saudi Arabia, Iraq and the United Arab Emirates...............................................Full Article: Source
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