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15th OPEC+ Meeting Kicks Off

Thursday, 01 April 2021 17:47
Tehran (IP)- The 15th meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping called OPEC+, began a few minutes ago via video conference.

Iran's oil production surpasses 2m bpd in January: OPEC

Saturday, 13 March 2021 13:26
The Organization of the Petroleum Exporting Countries (OPEC) said in its latest report that Iran's oil production had increased.

Brent crude oil to hit $50/b in 2021

Saturday, 30 January 2021 17:05
Tehran (IP) - The director-general of OPEC Affairs and Relations with International Energy Assemblies of the Ministry of Petroleum, said that the average price of Brent crude oil in 2021 is expected to fluctuate between $48 and $50 per barrel.

Iran Newspapers: Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Saturday, 05 December 2020 08:40
Iranian Oil Minister Bijan Namdar Zanganeh said that given the uncertainty of the oil market, the decision to gradually increase OPEC Plus oil production is a wise decision.101/216

Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Friday, 04 December 2020 00:13
Tehran (IP) - Iranian Oil Minister said that given the uncertainty of the oil market, the decision to gradually increase OPEC Plus oil production is a wise decision.

OPEC members support rollover on oil output cut: Zangeneh

Monday, 30 November 2020 21:55
There was a consensus among OPEC members on extending the oil production cut deal but everything will depend on the meeting with non-OPEC countries tomorrow, Iran’s Minister of Petroleum said on Monday after the 180th Meeting of the OPEC Conference.

180th OPEC Conference starts with 'signs of light at end of tunnel'

Monday, 30 November 2020 21:47
The 180th meeting of the Organization of the Petroleum Exporting Countries (OPEC) began today afternoon via video conference in the presence of oil and energy ministers of member countries with OPEC president saying "There are signs of light at end of the tunnel."

No Room for noncompliance over OPEC+ production cuts: Saudi Arabia

Tuesday, 09 June 2020 13:14
Saudi Energy Minister Prince Abdulaziz bin Salman said during a virtual press conference on Monday that there is no room whatsoever for lack of conformity.

Iran: OPEC to keep cutting output if Non-OPEC agrees

Saturday, 06 June 2020 19:53
Tehran (IP) - Iran’s Minister of Petroleum said OPEC ministers agreed on Saturday to continue cutting 9.6 Million Barrels Per Day (MMbd) from their output provided that non-member allies agree on it.

Iran names new OPEC governor

Saturday, 06 June 2020 18:45
Tehran (IP) - Iran’s Deputy Minister of Petroleum for International Affairs, Amir-Hossein Zamaninia, has been accepted as the country’s new OPEC governor.