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Organization of the Petroleum Exporting Countries (OPEC)

Iranpress: OPEC+ sticks to 2mbd output cut

OPEC+ sticks to 2mbd output cut

Sunday, 04 December 2022 18:25

Tehran (IP) - The 23 member countries of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) did not change the goal of reducing daily production by 2 million barrels per day until the end of 2023.

Iranpress: 185th OPEC meeting held online

185th OPEC meeting held online

Sunday, 04 December 2022 10:22

The presidency of the Organization of the Petroleum Exporting Countries (OPEC) and its board of governors were entrusted to Equatorial Guinea and Kuwait, respectively.

Iranpress: Iran oil production records despite continuation of sanctions

Iran oil production records despite continuation of sanctions

Saturday, 12 February 2022 11:04

Tehran (IP) - Iran's oil production in the first month of 2022, despite the continuation of economic sanctions, increased by 21,000 barrels to over 2.5 million barrels per day, which is the highest level in the last three years.

Iranpress: Iran always stressed role of OPEC in global oil market: Raisi

Iran always stressed role of OPEC in global oil market: Raisi

Friday, 06 August 2021 23:20

Tehran (IP) - Iran's President says the Islamic Republic of Iran, as an influential member of OPEC, emphasizes promoting the global position of the organization and increasing its role in managing the global energy market.

Iranpress: 15th OPEC+ Meeting Kicks Off

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.

Iranpress: Brent crude oil to hit $50/b in 2021

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.

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