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…
Tag Archives: Organization of Petroleum Exporting Countries (OPEC)
Iran proposes Nozari for top OPEC post
Tehran, March 8, IRNA — Iran has the largest number of experts in OPEC’s Secretariat, which might lead to the appointment of…
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…
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…
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…
Oil falls again as IMF cuts forecast; Iran hints at $25 oil
(Reuters) – Oil fell as much as 5 percent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast…
Iran’s coverage: Iran oil minister says no plans to call emergency OPEC meeting
Daily look at Iran’s late-breaking news and upcoming events: Iran seeks no OPEC emergency meeting Iran’s petroleum minister said his country…
Maduro accuses US of using oil as political weapon
TEHRAN (FNA)- Venezuelan President Nicolas Maduro said that the US is using oil as a political weapon. Maduro made the remarks at…
Iran seeks no OPEC emergency meeting
TEHRAN Jan 19(Shana)–Iran’s petroleum minister said his country is not planning to call for an emergency meeting of OPEC to discuss plunging…
Falling oil prices political move: Afkham
Tehran, Jan 14, IRNA – Foreign Ministry Spokeswoman Marziyeh Afkham said on Wednesday that the swift trend of the oil price reductioin…
Venezuela, Iran plea for oil cut hits Gulf OPEC brick wall
(Reuters) – A diplomatic push by Venezuela and Iran for an OPEC oil output cut has failed to soften the refusal of the group’s Gulf members…
Iranian MP urges consensus among OPEC against oil price fall
TEHRAN (Tasnim) – A senior Iranian lawmaker said that members of Organization of the Petroleum Exporting Countries (OPEC) should adopt a united…
OPEC restructuring, a must
TEHRAN Jan 12(Shana)–Venezuelan President Nicolas Maduro travelled to Tehran as part of his diplomatic efforts to curb falling oil prices. The price…
A look at Iranian newspaper front pages on Jan. 11
IFP has taken a look at the front pages of newspapers on Sunday and picked headlines from 19 of them. IFP has…
Common enemies use oil as political tool: Leader to Maduro
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says enemies are using oil as a political tool to exert pressure on…
Iran daily: “West’s intervention in Syria to blame for mass killing in France”
Iran’s Speaker of President Ali Larijani (pictured) has blamed this week’s killing of 12 people at the French magazine Charlie Hebdo on Western intervention in Syria.…
Iran’s coverage: Iran, OPEC states pursuing sliding oil prices, Zanganeh says
Daily look at Iran’s late-breaking news and upcoming events: Iran, OPEC states pursuing sliding oil prices: Minister Iran and other members of…
Brent falls below $50, lowest since 2009
The price of Brent oil has plunged under USD 50 a barrel for the first time in the past five and a half…
Iran, OPEC states pursuing sliding oil prices: Minister
Iran and other members of the Organization of the Petroleum Exporting Countries (OPEC) are pursuing the issue of falling oil prices, says Iran’s…
Russia not to joint OPEC: Iran
TEHRAN Jan 04 (Shana)–Iran’s Petroleum Minister Bijan Namdar Zanganeh ruled out the possibility of Moscow’s membership in OPEC. “Russia will not join…
‘Saudi Arabia enjoying perfect storm in oil market’
An oil analyst says Saudi Arabia is enjoying a “perfect storm” in the crude market as prices plunged to their lowest level…
Iran’s coverage: Iran starts construction of 2 more nuclear power plants in Bushehr
Daily look at Iran’s late-breaking news and upcoming events: Official: Iran starts construction of 2 more N. power plants in Bushehr…
Iran VP confident oil prices will average $80
The precipitous drop in oil prices from a mid-summer high of $115 to $60 a barrel today has provoked strong reactions in…
Iran calls for establishment of petchem OPEC
TEHRAN (FNA)- An Iranian official said that the country, as one of the significant producers and exporters of petrochemicals in the region,…
Iran’s coverage: Brent crude oil rises above $62 a barrel as Asian markets open strong
Daily look at Iran’s late-breaking news and upcoming events: Brent crude oil price rises above $62 Oil prices have rallied again…
Persian Gulf OPEC members refuse to cut oil output
TEHRAN (Tasnim) – Arab Persian Gulf countries vowed they will not cut oil production or hold an emergency meeting, despite a glut…
UAE urges all world’s oil producers not to raise output in 2015
Dec 21 (Reuters) – The United Arab Emirates oil minister urged all of the world’s producers on Sunday not to raise their…
Iran oil minister says oil price drop a political plot
DUBAI: Iranian Oil Minister Bijan Zangeneh said the continuing slide in the price of oil is a political plot, the ministry’s news agency Shana…
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 fall beyond market fundamentals: OPEC
The chief of the Organization of the Petroleum Exporting Countries (OPEC) says the recent dramatic fall in oil prices is further than…
S. Arabia declaring oil price war on US: Mousavian
Berlin, Dec 3, IRNA — Saudi Arabia has basically declared war on the booming US shale oil industry after convincing fellow OPEC…
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…
Iran wary of oil ‘shock therapy’ as OPEC vies for market
Tehran, Dec 2, IRNA — The “shock therapy” of a steep drop in crude prices, which have fallen to a five-year low,…
Iran’s coverage: Iran’s finance minister says currency market will stabilize after recent fluctuations
Daily look at Iran’s late-breaking news and upcoming events: Finance minister terms fluctuations in Iran’ exchange market as minor, ephemeral Iranian Minister…
OPEC inaction spurs survival of fittest as oil Below $65
West Texas Intermediate tumbled below $65 a barrel to the lowest level since July 2009 amid speculation prices have further to drop before OPEC’s…
OPEC; the known unknowns
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.…
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…
Iran: OPEC decision not good for all members but won’t protest
DUBAI (Reuters) – OPEC’s decision to retain its production ceiling is not beneficial to all OPEC member states, but Iran has refrained from…
A look at Iranian newspaper front pages on Nov. 29
IFP has taken a look at the front pages of newspapers on Saturday and picked headlines from 16 of them. IFP has…
Iran’s coverage: Iran’s Supreme Leader doesn’t oppose more nuclear talks
Daily look at Iran’s late-breaking news and upcoming events: Iran Supreme Leader says not opposed to extension of nuclear talks Iran’s…