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OPEC+

Iranpress: OPEC Secretary General warns of fluctuation in oil market

OPEC Secretary General warns of fluctuation in oil market

Monday, 17 October 2022 04:31

The secretary general of the Organization of Petroleum Exporting Countries (OPEC), said today that the oil markets are going through a stage of great fluctuations.

Iranpress: Saudi Arabia rejects US request to delay OPEC+ oil cut decision

Saudi Arabia rejects US request to delay OPEC+ oil cut decision

Wednesday, 12 October 2022 04:25

Saudi Arabian officials bluntly refused to comply with White House requests that the Riyadh-controlled oil-producing alliance OPEC+ withhold for a month the production cuts it announced last week, the Wall Street Journal reported Tuesday.

Iranpress: OPEC+ actual oil production fall to be lower than quota cuts

OPEC+ actual oil production fall to be lower than quota cuts

Tuesday, 11 October 2022 12:46

IP- The decision by the Organization of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, to cut oil production by two million barrels per day (bpd) starting in November will have a muted impact on the global oil market since the actual output cuts will be smaller, Fitch Ratings said Monday.

Iranpress: Biden

Biden's foreign policy with Saudi Arabia has 'failed' 'badly': Washington Post

Sunday, 09 October 2022 08:46

The Washington Post writes that the US administration has "failed" "badly" in persuading the Saudi Arabian government to help with US energy policy after OPEC recently cut crude oil production by 2 million barrels per day.

Iranpress: World Newspapers: OPEC+ to weigh sharp cut in oil output

World Newspapers: OPEC+ to weigh sharp cut in oil output

Monday, 03 October 2022 20:25

The Organization of the Petroleum Exporting Countries and Moscow-led allies, collectively known as OPEC+, is considering a cut of more than 1 million barrels a day, delegates in the group said. 203

Iranpress: 33rd OPEC+ meeting to be held in Vienna

33rd OPEC+ meeting to be held in Vienna

Sunday, 02 October 2022 10:39

IP- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in person in Vienna on Wednesday, October 5.

Iranpress: West should adopt rational approach to world energy security: Iranian oil minister

West should adopt rational approach to world energy security: Iranian oil minister

Wednesday, 03 August 2022 21:46

Tehran (IP)- In the current conditions, sustainable and constant cooperation in the OPEC+ could help consumers, the Iranian Petroleum Minister said on Wednesday, expressing hope that major western governments understand the sensitivities properly and adopt a rational approach to achieve energy security.

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.

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