Armed forces strategic studies chief blames S. Arabia for executing US crude price fall plot
TEHRAN (FNA)- Head of the Iranian Armed Forces’ Strategic Studies Center said the sharp reduction in oil prices is the result of…
Tag Archives: OPEC oil price
Iran’s support for Syria tested by oil price drop
(Reuters) – Syrian businessmen and trade officials say they are worried the economic lifeline provided by Iran is under strain from plunging oil prices,…
Iran said to discount light crude to Asia to deepest in 14 years
Iran is said to be offering its main crude grade to customers in Asia at the deepest discount in 14 years, taking a…
Oil price decline will not trouble Iran
Tehran, Dec 17, IRNA – Even if the declining trend of oil prices continues by mid-March 2015, the government will have no…
Iran FM blasts ME countries on falling oil prices
Iranian Foreign Minister Mohammad Javad Zarif has criticized the oil-producing countries of the Middle East for failing to control plummeting crude prices.…
Zarif deplores inaction of Arab states vis-a-vis oil price falls
Tehran, Dec 16, IRNA – Foreign Minister Mohammad Javad Zarif on Tuesday deplored inaction of the Arab states vis-a-vis the oil price…
Saudi Arabia’s oil war against Iran and Russia
This week, oil fell through the price floor of $60 a barrel and gas at my local filling station was $2.26 a…
Iranian president blames oil price slump on politics
Dubai: Iranian President Hassan Rouhani has blamed unnamed countries of plotting to bring down the prices of crude and said the recent slump…
Oil price plunge will harm all countries: Deputy FM
TEHRAN, Dec. 10 (MNA) – In an exclusive interview to IRNA, Deputy FM Amir-Abdollahian shed light on Iran’s role in fighting ISIL…
Oil resumes drop as Iran sees $40 If there’s OPEC discord
Brent resumed its decline as an Iranian official predicted a further slump in prices if solidarity among OPEC members falters. West Texas Intermediate in New…
Iran president blames “plotting hands” for oil price slide
TEHRAN Dec 03 (Shana)–Iran’s President Hassan Rouhani has laid the blame on “plotting hands” for the falling oil prices. “Although plotting hands…
Another reason Iran doesn’t need low oil prices
Falling oil prices don’t endanger Iran’s budget for now, but crude’s plunge could weaken the country’s position in ongoing nuclear talks. Iran…
Iran drafting budget based on oil at $70 per barrel
TEHRAN, Dec. 2 (UPI) — The Iranian government said Tuesday it was drafting its annual budget for the next calendar year on the…
Russia-Iran ‘oil for goods’ program to launch soon – minister
Deliveries of Russian goods in exchange for Iranian oil will begin soon, according to Russia’s minister of economic development. He says the…
Oil at $40 possible as market transforms Caracas to Iran
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the…
Arab share prices slump after OPEC decision
Share prices in Persian Gulf Arab states have slumped following a decision by the Organization of the Petroleum Exporting Countries (OPEC) to…
Oil price plunges after OPEC rollover decision
TEHRAN Nov 28 (Shana)–The decision by the Organization of the Petroleum Exporting Countries (OPEC) to maintain its oil output at the current…
Saudis block OPEC output cut, sending oil price plunging
(Reuters) – Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide…
Iran, Saudi Arabia oil agreement in Vienna
VIENNA, Nov. 27 (MNA) – Oil ministers of Iran and Saudi Arabia met in Vienna on Wednesday and they seem to have agreed…
Iran oil min says some OPEC members want to battle for market share
Minister Bijan Zangeneh said on Wednesday some OPEC members, but not Iran itself, believed it was time to defend market share in the face…
Iran’s coverage: Iran nuclear talks likely to be extended to July 1, 2015
Daily look at Iran’s late-breaking news and upcoming events: Iran talks deadline extended until July 1, 2015: Agency citing source The…
Iran parliament suggests $75-80/barrel oil price for budget
DUBAI: Iran’s parliament recommends basing next year’s budget on an oil price of $75-80 a barrel, a senior lawmaker was reported as…
Brent climbs third day as Iran seeks OPEC output cut; WTI rises
Brent crude rose for a third day amid signs that Iran will seek an output cut at OPEC’s meeting this week and…
Iran’s coverage: Israel following Iranian nuclear program talks ‘with concern’: Netanyahu
Daily look at Iran’s late-breaking news and upcoming events: Netanyahu: Israel worried by Iran talks, no deal is better than a…
Iran to persuade Saudi Arabia for cuts in oil production
TEHRAN, Nov. 23 (MNA) – Iran’s oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for cuts…
The US and Saudi Arabia want to crush Russia and Iran
Listening to the opinions of experts regarding the continuing sharp decline in oil prices, one is involuntarily surprised at the naive estimates,…
Oil slide prompts Iran’s oil minister to visit U.A.E.
Iranian oil minister Bijan Namdar Zanganeh is preparing to visit the U.A.E. this week, underscoring the deepening concern among OPEC members over…
Iran’s coverage: Iranian oil minister due in UAE on Tuesday
Daily look at Iran’s late-breaking news and upcoming events: Iran oil minister due in UAE November 18 for oil price talks…
Iran Daily: Economic squeeze — Oil Minister warns of higher taxes & budget cuts
Oil Minister Bijan Namdar Zanganeh has issued a pointed warning of the economic squeeze facing Iran amid critical negotiations with the 5+1…
All eyes on OPEC meeting
TEHRAN Nov 15 (Shana)–OPEC’s meeting is approaching when twelve members of the organization are going to attend 166th ministerial meeting in Vienna…
Venezuela, Iran ministers visit OPEC nations to defend oil prices
Venezuela’s and Iran’s oil ministers have embarked on a tour of fellow members of the Organization of the Petroleum Exporting Countries, seeking…
Oil prices plunge in Asia markets
Oil prices have taken a dip in Asia, with analysts laying the blame on the rise in the value of the US…