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March 26, 2025
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OPEC+
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.
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.
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.
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.
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.
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.
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.
21st OPEC plus meeting kicks off, as oil prices at highest level since 2018
Monday, 04 October 2021 17:23
Tehran (IP) - The 21st meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries began via videoconference, while oil prices have reached the highest level since 2018 to above $80/b.
OPEC+ increases crude oil output
Wednesday, 01 September 2021 23:19
Tehran (IP)- OPEC Plus ministers agreed to continue increasing 400,000 barrels of crude oil output per day in October.
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.
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