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Oil Price
Oil price surges to highest since 2008
Monday, 07 March 2022 08:37
New York (IP) - Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider banning imports of Russian oil.
Iran attracts foreign investment in oil sector: Minister
Sunday, 06 March 2022 16:43
Tehran (IP) - Iranian Minister of Petroleum said in recent months foreign finances had been used in some development projects in the country, adding details of the contracts will be released if necessary.
Iran is ready to increase oil supply asap: Oil minister
Thursday, 03 March 2022 15:14
Tehran (IP) - The Iranian minister of Oil said that the Islamic Republic of Iran is ready to increase its oil supply in world markets as soon as possible.
Oil prices rise amid Russia-Ukraine tensions
Friday, 25 February 2022 10:53
Oil prices finished higher on Thursday with both the U.S. crude benchmark and Brent exceeding $100 dollars a barrel in intraday trading as traders assessed geopolitical tensions over Ukraine.
Iran's oil exports reach highest since US' withdrawal from JCPOA: Report
Friday, 11 February 2022 19:35
Iran's oil exports have reached more than 1 million barrels per day, its highest amount since former US President Donald Trump in 2018 exited the Joint Comprehensive Plan of Action (JCPOA), estimates have shown.
Iran invests $4B in petroleum projects
Saturday, 15 January 2022 21:30
Tehran (IP) - The Minister of Oil of the Islamic Republic of Iran announced a $4 billion investment in petroleum refinery projects in Iran.
$80-90/b oil price favorable
Saturday, 15 January 2022 14:14
Tehran (IP) - Iranian Oil Minister said that it would be favorable for both consumers and producers if the price of oil were between 80 to 90 dollars per barrel .
OPEC picks Kuwait's al-Ghais as head
Tuesday, 04 January 2022 08:15
Vienna (IP) - OPEC chose veteran Kuwaiti oil executive Haitham al-Ghais to become the organization’s secretary-general.
23rd OPEC+ ministerial meeting concludes
Friday, 03 December 2021 01:31
The 23rd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, December 2, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
182nd OPEC meeting kicks off
Wednesday, 01 December 2021 18:35
Tehran (IP)- The 182nd meeting of the Organization of the Petroleum Exporting Countries (OPEC) began a few minutes ago virtually with the Ministers of Oil and Energy of the organization attending.
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