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Iranpress: Oil industry growing without JCPOA, says vice president

Oil industry growing without JCPOA, says vice president

Tuesday, 20 February 2024 18:49

Tehran (IP) – Iran’s vice president for legal affairs said the country’s oil industry has achieved steady growth without the revival of the Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), since the 13th administration took office in August 2021.

Iranpress: Oil slides as Saudi price cuts and incresing OPEC output

Oil slides as Saudi price cuts and incresing OPEC output

Monday, 08 January 2024 19:34

IP - Oil prices fell by more than 2% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply concerns generated by escalating geopolitical tension in the Middle East.

Iranpress: Brent oil slips toward $80 ahead of OPEC+ meeting

Brent oil slips toward $80 ahead of OPEC+ meeting

Monday, 27 November 2023 16:07

Oil prices slipped on Monday, with Brent falling toward $80 a barrel, as investors waited for an OPEC+ meeting later this week for an agreement expected to curb supplies into 2024.

Iranpress: Syrian oil resource behind US financial support of terrorist out fits

Syrian oil resource behind US financial support of terrorist out fits

Monday, 04 September 2023 08:33

Middle East (IP)- A member of Iraq's Fatah coalition said that American forces are using the oil resources of the east of the Euphrates in Syria, aimed at supporting terrorist groups and financing them.

Iranpress: Iran

Iran's oil production to stand at 2.3 million barrels: Oil Min.

Sunday, 13 August 2023 12:43

(IP)- The Oil Minister of the Islamic Republic of Iran announced the country's daily production of nearly 2.3 million barrels of oil.

Iranpress: Oil depot on fire in north Afghanistan

Oil depot on fire in north Afghanistan

Monday, 31 July 2023 17:24

An oil storage caught fire in Mazar-i-Sharif, the provincial capital of Afghanistan's northern Balkh province, a fire brigade official said on Monday.

Iranpress: IEA chief says oil demand projections depend on China

IEA chief says oil demand projections depend on China's growth

Sunday, 23 July 2023 17:28

IP- The International Energy Agency (IEA) will revise its global oil demand growth projections based on the economic growth prospects of China and some other countries, its executive director Fatih Birol said.

Iranpress: Russia to extend voluntary oil production cut until end of 2024

Russia to extend voluntary oil production cut until end of 2024

Monday, 05 June 2023 15:10

Russia will extend its voluntary oil production cut of 500,000 barrels per day until the end of December 2024, Russian Deputy Prime Minister said on Sunday after a meeting of OPEC+ group of leading oil producers.

Iranpress: OPEC+ discussing deepening oil production cuts, sources say

OPEC+ discussing deepening oil production cuts, sources say

Saturday, 03 June 2023 12:17

OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told Reuters on Friday as oil prices fell towards $70 per barrel and market analysts spoke of a new supply glut.

Iranpress: Jask oil terminal It guarantees the continuation of oil exports: Official

Jask oil terminal It guarantees the continuation of oil exports: Official

Monday, 27 February 2023 13:48

IP- The head of the Iran Oil Terminals Company (IOTC) said: “Jask Oil Terminal, as a national and strategic project, guarantees the continuation of oil exports.”

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