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Iran regains pre-sanctions OPEC rank: Official

Thursday, 21 September 2023 05:07
Iran has regained its pre-sanctions position in the OPEC crude oil production table with an increase of more than 1 million barrels per day, said a senior official of the National Iranian Oil Company (NIOC).

OPEC sticks to oil demand growth forecasts for 2023, 2024

Wednesday, 13 September 2023 16:43
Robust global oil demand growth has been forecast in 2023 and 2024 by the Organization of the Petroleum Exporting Countries (OPEC), thanks to "resilient" global economic growth.

Russia becomes major oil exporters to India, China in June

Friday, 11 August 2023 01:01
According to the August report of the Organization of the Petroleum Exporting Countries (OPEC), in June 2023, Russia became the largest supplier of oil to China and India for the fifth consecutive month.

Iran's gas exports have grown by 62%: OPEC

Sunday, 23 July 2023 21:02
(IP) – Iran's gas exports have grown by 62% over the past two years, according to OPEC.

Iran has returned to the fourth position in oil production within OPEC

Friday, 14 July 2023 21:17
IP- In June 2023, Iran produced 2.754 million barrels of oil, reclaiming its position from Kuwait after one year and seven months.

Russia, Persian Gulf top diplomats say OPEC+ efforts stabilize global oil market

Tuesday, 11 July 2023 15:03
IP- Top diplomats from Russia and the Persian Gulf Arab states praised "the successful" efforts of the countries of the OPEC+ group, saying they contributed to the stability of the global oil market, a joint statement said on Monday.

S. Arabia hikes most August oil prices to Asia after supply cuts

Saturday, 08 July 2023 21:20
IP- Top oil exporter Saudi Arabia raised the prices for most of its crude oil to Asian customers in August for a second month after its announcement of prolonging an extra output cut on top of a broader OPEC+ deal.

OPEC+ oil, energy ministers underline market stability

Friday, 07 July 2023 09:36
Vienna (IP)- OPEC and OPEC+, oil and energy ministers, stressed the need to stabilize the oil market.

OPEC+ to keep pursuing efforts to stabilize oil market, Saudi minister says

Wednesday, 05 July 2023 18:14
OPEC+ will continue pursuing efforts to stabilize the oil market and will do “whatever is necessary”, Saudi Arabia’s energy minister said.

8th OPEC Int'l Seminar kicks off

Wednesday, 05 July 2023 15:21
Vienna (IP)- The 8th OPEC International Seminar kicked off in Vienna, the capital of Austria, with the presence of the Iranian Minister of Petroleum.