Friday, 27 January , 2023
OPEC Archives - Page 9 of 11 - Iran News Daily
Iran Fully Exempt from OPEC Deal to Reduce Oil Output 14 Dec 2018

Iran Fully Exempt from OPEC Deal to Reduce Oil Output

Iranian Oil Minister Bijan Namdar Zanganeh said the country has completely been exempted from a resolution by the Organization of the Petroleum Exporting Countries (OPEC) to reduce oil production. Speaking to the Islamic Republic of Iran Broadcasting (IRIB) on Thursday night, Zanganeh shrugged off the issue that Iran’s exemption from the OPEC resolution on oil […]

Iran Oil Exports ‘Better’ after Latest US Sanctions: President Rouhani 11 Dec 2018

Iran Oil Exports ‘Better’ after Latest US Sanctions: President Rouhani

Iranian President Hassan Rouhani highlighted the futility of the US government’s attempts to cut Iran’s oil exports down to zero and said that since the latest batch of economic sanctions against the Islamic Republic took effect, oil exports “have become better”. “The US wanted to block our oil exports but they have become better since […]

Iran’s President: OPEC Deal Yet Another Defeat for US 10 Dec 2018

Iran’s President: OPEC Deal Yet Another Defeat for US

Iranian President Hassan Rouhani said the Organization of the Petroleum Exporting Countries’ recent agreement in Vienna marked a new defeat for the US and thwarted its intrusive plots. “Despite the Americans’ attempt to interfere in OPEC’s affairs and their efforts to upset the balance of oil supplies, their plot was fortunately thwarted with the resistance […]

Qatar’s Emir Not Attending (P)GCC Summit in Riyadh: Report 09 Dec 2018

Qatar’s Emir Not Attending (P)GCC Summit in Riyadh: Report

The Qatari Emir, Tamim Bin Hamad Al Thani, is not attending the (Persian) Gulf Cooperation Council Summit underway in Riyadh, a report said. A state minister is representing the country at the meeting instead, Turkey’s Anadolu Agency reported late Saturday, citing a Qatari official it didn’t identify. Saudi Arabia’s King Salman bin Abdulaziz invited Qatar’s […]

Iranian Envoy Hails OPEC Meeting Outcome 08 Dec 2018

Iranian Envoy Hails OPEC Meeting Outcome

Iran’s ambassador to Vienna-based international organizations praised the fortitude shown by the country’s delegation in a meeting of Organization of the Petroleum Exporting Countries that resulted in Iran’s exemption from OPEC’s plan for a cut in oil output. In comments on Friday evening, Kazem Gharibabadi said the fortitude shown by the Iranian delegation at the […]

Iran Hails Russia’s Role in Oil Production Cuts 08 Dec 2018

Iran Hails Russia’s Role in Oil Production Cuts

Iran’s Oil Minister Bijan Namdar Zanganeh said the Organization of the Petroleum Exporting Countries agreed to exempt Iran from a plan for a cut in oil production after tough and intensive talks, noting that Russia played a constructive role in the meeting as a non-OPEC member. OPEC agreed to cut output despite the US pressure, […]

Iran Seeks Exemption from OPEC Output Cuts 06 Dec 2018

Iran Seeks Exemption from OPEC Output Cuts

Iran’s oil minister voiced opposition to any decision by the Organization of the Petroleum Exporting Countries (OPEC) that may reduce the country’s crude output. Speaking to reporters upon his arrival in Vienna ahead of Thursday’s OPEC meeting, Bijan Namdar Zanganeh said Tehran is looking to be exempted from any OPEC oil output cuts because of […]

Reasons for Qatar’s departure from OPEC must be explored 05 Dec 2018

Reasons for Qatar’s departure from OPEC must be explored

“Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” The veteran minister made the remarks ahead of the 175th OPEC meeting, which will be held in Vienna, Austria, on Thursday. Qatar said on Monday […]

Iran Urges OPEC to Cut Output to Curb Oil Price Fall 04 Dec 2018

Iran Urges OPEC to Cut Output to Curb Oil Price Fall

Iran’s envoy to the Organization of the Petroleum Exporting Countries (OPEC) warned that global oil prices would slump to $40 a barrel without a significant cut in the output of OPEC and its allies. Production will need to be reduced by at least 1.4 million barrels a day to prevent oversupply, Hossein Kazempour Ardebili said […]

Iran’s oil exports harder to track as sanctions loom 31 Oct 2018

Iran’s oil exports harder to track as sanctions loom

According to Saudi Energy Minister Khalid al-Falih, no one has any idea how much oil Iran will be able to export after new US sanctions against the Islamic Republic to kick off on Nov. 4. But more precisely, Iran’s shipment figures – crucial to oil markets – are already a mystery, Reuters news agency reported. […]