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Oil output

Iranpress: Deputy PM: Russia sticking to its oil output cuts

Deputy PM: Russia sticking to its oil output cuts

Sunday, 07 May 2023 17:57

Deputy Prime Minister Alexander Novak said Russia was abiding by its voluntary pledge to cut oil output by 500,000 barrels per day (bpd) from February until the end of the year.

Iranpress: Iran’s oil output rises in 20 months, tops 3 mbd

Iran’s oil output rises in 20 months, tops 3 mbd

Tuesday, 02 May 2023 19:11

Tehran(IP)- Iran’s oil minister said the country’s oil production has risen to over 3 million barrels per day (mbd) in the past 20 months ago.

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: OPEC+ decides to keep oil prices high

OPEC+ decides to keep oil prices high

Friday, 06 May 2022 21:31

IP- OPEC+’s decision to gradually increase oil output based on the previously reached agreements will help keep oil prices high, said experts interviewed by Izvestia. The group’s member states plan to raise oil production by 432,000 barrels per day in June 2022. Experts believe that the move will benefit Russia as it does not impose impossible obligations on the country in terms of production increase.

Iranpress: OPEC+ increases 400k bpd in oil output in Nov

OPEC+ increases 400k bpd in oil output in Nov

Monday, 04 October 2021 18:08

Vienna (IP)- During the 21st ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC on Monday, they reached an agreement to raise their total crude oil output by 400,000 bpd for November.

Iranpress: OPEC+ increases crude oil output

OPEC+ increases crude oil output

Wednesday, 01 September 2021 21:15

Tehran (IP) - During the 20th OPEC and non-OPEC ministerial meeting, known collectively as OPEC+, the block agreed to continue increasing 400,000 barrels of crude oil output per day in October.

Iranpress: OPEC+ ministerial meeting kicks off amid US pressure

OPEC+ ministerial meeting kicks off amid US pressure

Wednesday, 01 September 2021 20:58

Tehran (IP) - The 20th meeting of oil and energy ministers of the members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, called OPEC+ kicked off on Wednesday.

Iranpress: OPEC plus meeting kicks off

OPEC plus meeting kicks off

Tuesday, 01 June 2021 20:07

Tehran (IP) - The 17th meeting of the Oil and Energy Ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, a grouping called OPEC+, has started in videoconference format.

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