Iran’s incomes from oil export dropped by 30%, Iranian IRNA news agency quoted Iranian President Khasan Roukhani as saying.
He said the economy in the field of oil price formation is not the dominating factor. Politics and global conspiracies play a great role here, Roukhani added.
Reduction of oil prices at the world markets caused concern in Iran, because of possible budget deficit in the current Iranian fiscal year, which will end on March 20, 2015.
This year the Iranian budget is based on the oil price of $100 per barrel.
Iranian Mehr News agency reported earlier that Iran exports light oil at the price of $84.25 per barrel, while heavy oil – $82.61 per barrel.
Iranian Oil Minister Masur Moazzami earlier said that the country plans to increase oil production up to 4.3 million barrels a day in the near future. He added that Iran considers various ways out of the situation caused by unstable oil prices.
According to the Organization of Petroleum Exporting Countries (OPEC), in September 2014 Iran extracted 2,675,000 barrels of oil a day.
