Thursday, 9 December , 2021
OPEC Archives - Page 5 of 11 - Iran News Daily
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.

US sanctions made Iran ready to face unprecedented oil prices fall 21 Apr 2020

US sanctions made Iran ready to face unprecedented oil prices fall

First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.

Oil Price May Slump Further If Deal Fails 15 Apr 2020

Oil Price May Slump Further If Deal Fails

Iran's former OPEC governor Mohammad Ali Khatibi believes if oil exporting countries do not respect their deal, the oil price may fall further.

Iran Exempted from OPEC+ Output Cut Deal 15 Apr 2020

Iran Exempted from OPEC+ Output Cut Deal

Iran Oil Minister says Iran, along with Libya and Venezuela, has been exempted from cutting oil output as they are under sanctions.

Oil producers agree on 9.7m bpd output cut 13 Apr 2020

Oil producers agree on 9.7m bpd output cut

OPEC, Russia and other oil-producing nations agreed on Sunday to cut output by a record amount, representing around 10 percent of global supply.

Iran Helping Oil Market Stability 08 Apr 2020

Iran Helping Oil Market Stability

Iran oil minister consulted with several foreign officials about plans to restore stability to the global oil market ahead of a meeting between OPEC and its allies.

OPEC: Iran oil output drops 2,000 bpd in February 15 Mar 2020

OPEC: Iran oil output drops 2,000 bpd in February

OPEC announced that volume of oil production in Iran as of February 2020 hit 2.080 million barrels per day (bpd).

Saudi Arabia, Russia raise stakes in oil price standoff 11 Mar 2020

Saudi Arabia, Russia raise stakes in oil price standoff

Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices 09 Mar 2020

Iran Ex-OPEC Envoy Predicts More Crash in Oil Prices

Iran’s former ambassador to the Organization of the Petroleum Exporting Countries (OPEC) said the global oil prices will probably continue to decline.

Iran’s Zanganeh in Vienna to attend 178th OPEC meeting 04 Mar 2020

Iran’s Zanganeh in Vienna to attend 178th OPEC meeting

Bijan Namdar Zanganeh arrived in Vienna on Wednesday to take part in the 178th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) will be held on March 5.