EghtesadOnline: Iran's recoverable oil reserves are estimated at 101 billion barrels, the head of a special department at the National Iranian Oil Company that oversees reservoirs, said.

EghtesadOnline: Minister of Petroleum Bijan Zangeneh says Iran currently produces more than 3.8 million barrels per day (bpd) of crude oil, roughly the same production level before the 2012 sanctions.

EghtesadOnline: Studies conducted by the National Iranian South Oil Company over the last four years show Iran’s recoverable crude oil reserves have increased by 4.4 billion barrels, the managing director of NISOC said.

EghtesadOnline: Lawmakers in the Iranian parliament (Majlis) urged the Ministry of Petroleum on Wednesday to increase the country’s strategic reserves of oil and natural gas as a leverage in the global oil and gas markets.