SHANA -- Iranian Minister of Petroleum Bijan Zangeneh discussed the latest oil market developments and price fluctuations with Mohamed Arkab, Algerian Minister of Energy and Mines and the President of OPEC Conference on Tuesday afternoon. He also had a telephone conversation with his Russian and Kuwaiti counterparts on Monday. In a Tuesday tweet,...

Tasnim Irans Oil Minister Bijan Namdar Zanganeh said Fridays fruitless meeting of the OPEC+ in Vienna was one of the worst meetings in the history of the organization. Speaking to reporters, Zanganeh said the ministerial meeting of the OPEC and non-OPEC countries that ended without achieving a result in Vienna on Friday was one of the worst meetings ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the groups output before the end of March. Speaking to reporters following the 8th meeting of oil producers from the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies, a coalition called the OPEC+, Mr....

Shana The Non-OPEC states shook hands with OPEC members on Saturday to improve the oil market. The OPEC members will shortly sit before more than 10 non-OPEC states to record an unprecedented meeting, thus pushing oil prices to the highest possible level. Austrian capital, Vienna, is less than two weeks hosting the second biggest meeting of the ...

Shana Iranian Minister of Petroleum Bijan Zangeneh will attend the December 10 meeting of the OPEC and non-OPEC oil producers in Vienna. Members of the Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday to cut the groups crude oil production by 1.2mbd in their November 30 meeting in Vienna. Besides it was proposed that ...