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OPEC+

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+ ministerial meeting ends with new decisions

OPEC+ ministerial meeting ends with new decisions

Thursday, 31 March 2022 19:07

IP- The 27th OPEC and non-OPEC Ministerial Meeting, which started virtually, ended on Thursday after announcing new decisions on oil production.

Iranpress: Iran is ready to increase oil supply asap: Oil minister

Iran is ready to increase oil supply asap: Oil minister

Thursday, 03 March 2022 15:14

Tehran (IP) - The Iranian minister of Oil said that the Islamic Republic of Iran is ready to increase its oil supply in world markets as soon as possible.

Iranpress: OPEC picks Kuwait

OPEC picks Kuwait's al-Ghais as head

Tuesday, 04 January 2022 08:15

Vienna (IP) - OPEC chose veteran Kuwaiti oil executive Haitham al-Ghais to become the organization’s secretary-general.

Iranpress: OPEC+ agrees to continue with current output increase for Jan.

OPEC+ agrees to continue with current output increase for Jan.

Friday, 03 December 2021 01:37

The Organization of the Petroleum Exporting Countries and its allies reached a compromise on Thursday to continue with the current agreement, increasing their crude oil output by 400,000 BPD for January.

Iranpress: Biden

Biden's claim regarding sale of Iranian oil; hostile and against reality

Saturday, 13 November 2021 13:55

Tehran (IP) - In a memo to the State Department on Friday, US President Joe Biden claimed that there were sufficient supplies of petroleum so other countries can reduce what they buy from Iran.

Iranpress: OPEC: Iranian heavy crude oil price increase by about 11 percent

OPEC: Iranian heavy crude oil price increase by about 11 percent

Friday, 12 November 2021 14:39

Tehran (IP) - According to the latest monthly report of the Organization of Petroleum Exporting Countries (OPEC), the Iranian heavy crude oil price last month (October 2021) increased by about 11 percent.

Iranpress: Biden says he doesn’t see OPEC+ shifting to help with oil prices

Biden says he doesn’t see OPEC+ shifting to help with oil prices

Sunday, 07 November 2021 01:49

US President said on Saturday that he did not expect the OPEC Plus group, Saudi Arabia, and Russia to respond to his call to pump more oil into global markets.

Iranpress: OPEC+ agrees to raise crude oil output by 400,000 in Dec.

OPEC+ agrees to raise crude oil output by 400,000 in Dec.

Friday, 05 November 2021 01:00

The Organization of the Petroleum Exporting Countries and its allied producers reached a consensus on Thursday on extending the current crude oil output plan and raising their production by 400,000 b/d for December.

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.

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