TEHRAN: Experts said that that Iran could raise Oil production by 600,000 to 800,000 barrels per day within month after sanctions being lifted.
Oil analysts said predicted that Iran would be able to raise crude oil output by 250,000 to 500,000 bpd by the end of this year and by up to 750,000 by mid-2016.
Iran is reported to have large volumes stored in supertankers ready to be shipped at short notice. Experts said that oil prices could fall in future after sanctions being lifted.