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OPEC+

Iranpress: OPEC+ states to further cut oil production

OPEC+ states to further cut oil production

Monday, 01 May 2023 22:18

Several members of the OPEC+ group, including Saudi Arabia and Russia, the cartel’s two biggest oil producers, have begun reducing crude output.

Iranpress: Saudi Arabia raises crude prices for Asia for third month

Saudi Arabia raises crude prices for Asia for third month

Sunday, 09 April 2023 18:03

IP- Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.

Iranpress: OPEC +, showing power with energy card

OPEC +, showing power with energy card

Wednesday, 05 April 2023 13:14

Tehran (IP) - OPEC+ members decided to reduce their crude oil supply by another 1.6 million barrels per day from May 2023 until the end of this year.

Iranpress: OPEC+ cut risks straining tight oil market: IEA

OPEC+ cut risks straining tight oil market: IEA

Tuesday, 04 April 2023 20:42

Tehran (IP)- Oil production target cuts announced by the OPEC+ group over the weekend risk exacerbating a strained market and pushing up oil prices amid inflationary pressures, the International Energy Agency (IEA) said on Monday.

Iranpress: Ministerial meeting of monitoring committee of oil countries takes place

Ministerial meeting of monitoring committee of oil countries takes place

Monday, 03 April 2023 17:23

IP- The 48th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 3 April 2023.

Iranpress: Major oil exporting countries slash oil production

Major oil exporting countries slash oil production

Monday, 03 April 2023 00:26

Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a surprise move that analysts said would cause an immediate rise in prices.

Iranpress: Oil prices climb after OPEC+ keeps output unchanged

Oil prices climb after OPEC+ keeps output unchanged

Monday, 05 December 2022 08:50

Oil prices rose as much as 2 percent on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.

Iranpress: Iran believes an excess of supply in oil market can have a negative impact

Iran believes an excess of supply in oil market can have a negative impact

Sunday, 04 December 2022 19:21

Tehran (IP)- Iran's oil minister says that excess supply in the coming months can have a negative impact on the oil market.

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.

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