Wednesday, 20 October , 2021
OPEC Archives - Iran News Daily
Iranian heavy crude oil price rises 5.3% in September: OPEC 16 Oct 2021

Iranian heavy crude oil price rises 5.3% in September: OPEC

Iranian heavy oil price increased $3.74 in September to register a 5.3-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Wednesday.

Oil Minister Vows to Consolidate Iran OPEC Status 28 Aug 2021

Oil Minister Vows to Consolidate Iran OPEC Status

New Oil Minister Javad Owji says the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC).

Iran’s July oil output rises 28% year on year 22 Aug 2021

Iran’s July oil output rises 28% year on year

  Iran produced 2.485 million barrels per day (bpd) of crude oil in July, registering a 28 percent increase compared to the same month in 2020, according to OPEC’s latest monthly report published on August 12.

Raisi holds talks with OPEC secretary general 08 Aug 2021

Raisi holds talks with OPEC secretary general

New Iranian President Seyed Ebrahim Raisi hosted a meeting with the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo in Tehran on Friday, Shana reported.

High Oil Prices Not to Benefit Producers in Long-Run 20 Jul 2021

High Oil Prices Not to Benefit Producers in Long-Run

Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.

OPEC pays tribute to Iran’s veteran oil minister 03 Jul 2021

OPEC pays tribute to Iran’s veteran oil minister

The Organization of Petroleum Exporting Countries (OPEC) in its 181st meeting in Vienna on Thursday paid tribute to Iranian Oil Minister Bijan Namdar Zanganeh for his long-lasting contribution to the organization and the oil market.

Iran’s Return to Oil Market Is the Main Task 03 Jul 2021

Iran’s Return to Oil Market Is the Main Task

Oil Minister Bijan Zangeneh said after the 181st Meeting of the OPEC Conference that the main responsibility of the next petroleum minister is to help Iran return to the oil market and get our lost market share back which was caused by the sanctions.

Iran will return to oil market as soon as sanctions are lifted 02 Jun 2021

Iran will return to oil market as soon as sanctions are lifted

Iranian Oil Minister Bijan Namdar Zanganeh has said Iran is ready to return to the oil market as soon as the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) is revived and the U.S. sanctions are lifted, Shana reported.

Oil Prices Retreat As Biden Plans Major Federal Tax Hike 16 Mar 2021

Oil Prices Retreat As Biden Plans Major Federal Tax Hike

Despite optimism from Chinese data overnight, forecasts for lower OPEC+ output, and a weaker dollar, oil prices are tumbling this morning with WTI back below $64.50...

Oil Prices Drop As Traders Take Profits 10 Mar 2021

Oil Prices Drop As Traders Take Profits

Speculators have been selling oil over the past two weeks as prices continue higher and the appetite for profit-taking increases.