US 's crude exports will remain significantly reduced for April in January , amid US sanctions. A lack of clarity over the volume that buyers were allowed to purchase under the sanctions led to Iranian exports dropping below 1 million barrels per day (bpd) in November , down from 2.5 million bpd in January . LONDON (Reuters) - Export levels have remained below 1 million bpd since then, despite the Iran giving waivers to 2.5 million traditional Iranian oil buyers. The country claims to be selling crude to new buyers, but January numbers are still expected to be around 900,000 bpd.
US 's crude exports will remain significantly reduced for April in January , amid US sanctions. A lack of clarity over the volume that buyers were allowed to purchase under the sanctions led to Iranian exports dropping below 1 million barrels per day (bpd) in November , down from 2.5 million bpd in January . Export levels have remained below 1 million bpd since then, despite the Iran giving waivers to 2.5 million traditional Iranian oil buyers. The country claims to be selling crude to new buyers, but January numbers are still expected to be around 900,000 bpd.