Iran denies steep plunge in oil exports

Iran's oil exports have remained steady in recent months, Iran's OPEC governor said on Saturday, denying a report from the International Energy Agency (IEA) that Iran is struggling to arrest a decline in its oil sales.

In a report on Friday, the IEA estimated Iran's exports falling to a new low of 860,000 barrels per day (bpd) in September, a huge plunge from 2.2 million bpd at the end of 2011. (Reuters)