Oil prices fall as Iran nuclear deal seems likely
SINGAPORE, July 13 (Reuters) – Oil prices opened up lower on Monday as Iran and six world powers were close to nailing…
Tag Archives: Iranian oil price
WSJ: Oil price rises after nuclear talks deadline extended
Tehran, July 1, IRNA – The Wall Street Journal Tuesday reported on the rise in oil prices at international markets subsequent to…
Oil wavers ahead of Iran nuclear deal deadline
An easing of sanctions is likely to add to global oversupply LONDON—Oil prices wavered on Thursday as investors digested U.S. supply data…
Iran Leader: Sanctions reduced reliance on oil dollars
TEHRAN April 29(Shana)–The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said without the sanctions the country would have developed…
Current oil prices harm world market stability
TEHRAN April 20 (Shana)–Iran’s President Hassan Rouhani has said that the current oil prices are harming world market stability. “Today’s oil price…
Oil Minister: Iran will retain OPEC quota very soon
Tehran, March 18, IRNA – Oil Minister Bijan Namdar Zanganeh said on Wednesday that Iran will retain its OPEC quota very soon…
Oil prices drop on hopes of Iran nuclear deal, low spare storage capacity
(Reuters) – Oil prices fell on Monday as spare oil storage capacity runs low and a potential agreement in nuclear talks with…
Petchem sector to compensate oil price fall
TEHRAN March 11(Shana)–The head of Iran’s National Petrochemical Company (NPC) has said that petrochemical products can compensate for losses from oil price…
A look at Iranian newspaper front pages on Feb. 28
IFP has taken a look at the front pages of newspapers on Saturday and picked headlines from 18 of them. IFP has…
Cutting dependency on oil top priority
TEHRAN Feb 24(Shana)–Head of Tehran Chamber Of Commerce Yahya Ale-es’haq says weaning the economy off oil revenues based on the views of…
Oil refineries back to bourse
TEHRAN Feb 24(Shana)–A number of oil refineries will resume their presence on Tehran Stock Exchange in near future. The decision has been…
Iran won’t bow to oil scenario
TEHRAN Feb 22(Shana)–An Iranian lawmaker has said that Iran will not buckle under pressure from a group of Arab countries in their…
Iran parliament endorses fuel price hike
The Iranian parliament (Majlis) has approved a five-percent increase in fuel prices for the next fiscal year starting March 21, amid falling…
Iran expects positive earnings for budget despite low oil prices
TEHRAN: A Deputy Planning Officer in Iranian Parliament, Ahmadreza Dastgheib, said the budget for the current Iranian year, which ends mid-March, relies…
Zangeneh orders advisory body for oil recovery
TEHRAN Feb 14(Shana)–Iran’s minister of petroleum has ordered the establishment of an advisory body to maximize recovery from the country’s oil and…
Iran joins OPEC producers to cut prices for crude
TEHRAN: Iran has joined OPEC (Organization of the Petroleum Exporting Countries) producers along with two countries Kuwait and Iraq, to cut their March…
Pre-designed oil plot ineffective
TEHRAN Feb 10(Shana)–“We have been able to offset the effects of falling oil prices as a pre-designed plot by our enemies through…
Iran offshore oil production ‘steady’
Iran says falling oil prices have had no effects on its offshore crude oil production projects. Saeid Hafezi, the managing director of…
Oil fluctuations no harm for next year budget
TEHRAN Feb10(Shana)–Next year’s budget bill has been arranged in a way that oil price fluctuations will not be able to destabilize revenues,…
Iran’s Jan. oil output, price down – OPEC
Latest figures released by the Organization of Petroleum Exporting Countries (OPEC) on Monday show that Iran produced 2.75 million barrels of oil…
It’s necessary to cut dependence on oil revenues, Zarif says
TEHRAN – Foreign Minister Mohammad Javad Zarif has said it is necessary that Iran cut dependence on crude revenues. Addressing a group of…
Iran to maintain ties with OPEC, Zangeneh
TEHRAN Feb 07(Shana)–“The Islamic Republic of Iran prefers to continue its membership in OPEC even though the recent decisions made by the…
Iran’s coverage: Zarif, Kerry to meet in Munich over Iran nuclear program
Daily look at Iran’s late-breaking news and upcoming events: Kerry to hold nuclear talks with Iran FM Saturday: US US Secretary…
A look at Iranian newspaper front pages on Feb. 5
IFP has taken a look at the front pages of newspapers on Thursday and picked headlines from 17 of them. IFP has…
Minister: Dependence on oil should be reduced through oil
Tehran, Feb 5, IRNA – Minister of Oil Bijan Zanganeh said although the share of oil revenues is being gradually lessened in…
President: New gates opened to make up for oil-income drop
Isfahan, Feb 4, IRNA – Referring to drastically lowered oil prices, President Hassan Rouhani said new gates for gaining hard currency are…
Zanganeh to elaborate on oil sector developments
Tehran, Feb 4, IRNA – Oil Minister Bijan Namdar Zanganeh is to attend a live televised program on Wednesday night to brief…
Sanctions, falling oil prices two sides of one coin
TEHRAN Feb 03(Shana)– First Vice Speaker of the Iranian Parliament Mohammad Hassan Aboutorabifard has said that sanctions and falling oil prices are…
Iran hoping for relief from OPEC
Tehran, Jan 31, IRNA — The Organization of Petroleum Exporting Countries has no immediate plans for cutting its crude output, partly because…
How Iran is coping with sagging oil prices
What impact has the fall in global oil prices had on Iran? The oil price collapse since June has had only a…
Saudi-Iran relations to remain unchanged
Under the new Saudi king, relations between Saudi Arabia and Iran are expected to remain unchanged as their rivalry in the Middle…
Giving in to oil price slump against Iranian dignity
TEHRAN Jan 28(Shana)–Iran’s first vice-president has said the country will never give in to the aftermaths of the oil price fall because…
Obama and Saudi king discuss Iran, energy in symbolic visit
(Reuters) – U.S. President Barack Obama met with Saudi Arabia’s King Salman on Tuesday to pay respects to the late King Abdullah and bolster a…
Iran Majlis committee cuts NDFI share of oil
An Iranian parliamentary ad hoc committee reviewing the country’s national budget bill has cut the share of state-run rainy day kitty from…
Iran’s energy minister: Sharp decline in oil prices driven by enemies’ plots
TEHRAN (FNA)- Iranian Energy Minister Hamid Reza Chitchian underlined that the international crude prices are experiencing a sudden fall due to the…
TSE slightly higher after crude price surge
Iran’s main share index has ended slightly higher following oil prices surge in the global markets. The Tehran Stock Exchange Index (TEDPIX)…
Iran daily: Government seizes moment for diplomacy with Saudi Arabia
Using the catalyst of the death of Saudi King Abdullah, Iran’s Rouhani Government has made a diplomatic move for engagement with Riyadh.…
Iran oil dependence harms progress
TEHRAN Jan 25(Shana)–Dependency on oil revenues is hindering Iran’s progress and most of the country’s issues will be smoothed out once the…
Iran says running on budget of below $40bn
A senior Iranian official said on Saturday that the drastic drop in oil prices has already made the country to run on…
Oil Minister has not predicted oil price falls
Tehran, Jan 24, IRNA – Iranian Oil Ministry on Saturday evening rejected as baseless the reports attributed to Iranian oil minister saying…