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OPEC Archives - Page 5 of 12 - Iran News Daily
Asia’s Oil Market , Post-Coronavirus Era 19 Jun 2020

Asia’s Oil Market , Post-Coronavirus Era

World economy in the energy sector has a momentary look at the oil market and it actually knows it is impossible to stop this look in the short time.

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.

New OPEC Governor of Iran Appointed 07 Jun 2020

New OPEC Governor of Iran Appointed

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia was officially appointed as Iran’s OPEC governor.

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.

Zarif, Zanganeh offer condolences on passing of Iran OPEC governor 16 May 2020

Zarif, Zanganeh offer condolences on passing of Iran OPEC governor

Foreign Minister Mohammad Javad Zarif and Oil Minister Bijan Namdar Zanganeh have offered commiserations on the passing of OPEC Governor of Iran, Hossein Kazempour Ardebili.

US Oil Companies Cutting Production Faster Than Expected 08 May 2020

US Oil Companies Cutting Production Faster Than Expected

The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday.

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.