Friday, 26 April , 2024
Oil Price Archives - Page 2 of 4 - Iran News Daily
Kuwait Oil Budget Cut by 25% 14 Jul 2020

Kuwait Oil Budget Cut by 25%

State-owned Kuwait Oil Company announced a 25 percent reduction in its budget for the next five years.

Is Oil Market the Target of Interaction? 09 Jun 2020

Is Oil Market the Target of Interaction?

During those days that the Coronavirus pandemic had spread wave of fear and concerns worldwide

OPEC agree to extend oil production cuts through July 08 Jun 2020

OPEC agree to extend oil production cuts through July

OPEC members and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and coronavirus lockdowns ease.

OPEC, Russia set to extend oil cuts, push for compliance 07 Jun 2020

OPEC, Russia set to extend oil cuts, push for compliance

OPEC, Russia, and their allies hold talks on Saturday on extending record oil production cuts that have doubled oil prices since April.

200 Industrial, Mineral Projects Worth 170000b Tomans 30 May 2020

200 Industrial, Mineral Projects Worth 170000b Tomans

Acting Minister of Industry, Mine and Trade says developmental projects in different sectors of industries and mines are underway despite all international sanctions and restrictions

China Is Still Main Destination for Iran Exports 18 May 2020

China Is Still Main Destination for Iran Exports

Spokesman to Iranian Oil, Gas and Petrochemical Products Exporters' Association says the slump in the oil price has affected Iran’s exports in terms of value, and the lockdown due to the Coronavirus pandemic has worsened the condition.

Saudi Arabia to Cut Oil Production in June 11 May 2020

Saudi Arabia to Cut Oil Production in June

Saudi Arabia reportedly is planning to cut oil production in June by extra 1 million barrels per day.

Brent Climbs amid New Tensions 23 Apr 2020

Brent Climbs amid New Tensions

The price of a barrel of Brent crude oil climbed by more than nine percent to $22.25 (ICE) on Thursday after the US renewed its hostility towards Iran.

Zanganeh: OPEC can’t handle market situation on its own 22 Apr 2020

Zanganeh: OPEC can’t handle market situation on its own

Iran’s Oil Minister Bijan Namdar Zanganeh said the OPEC cannot solely handle the current market issues.

Rouhani: Oil Price Drop Harms Iran Less 22 Apr 2020

Rouhani: Oil Price Drop Harms Iran Less

Iran's economy would suffer fewer harms than other oil producers in the wake of the recent plunge in crude price, President Hassan Rouhani said.