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Oil Price

Iranpress: $80-90/b oil price favorable

$80-90/b oil price favorable

Saturday, 15 January 2022 14:14

Tehran (IP) - Iranian Oil Minister said that it would be favorable for both consumers and producers if the price of oil were between 80 to 90 dollars per barrel .

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: 23rd OPEC+ ministerial meeting concludes

23rd OPEC+ ministerial meeting concludes

Friday, 03 December 2021 01:31

The 23rd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, December 2, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.

Iranpress: 182nd OPEC meeting kicks off

182nd OPEC meeting kicks off

Wednesday, 01 December 2021 18:35

Tehran (IP)- The 182nd meeting of the Organization of the Petroleum Exporting Countries (OPEC) began a few minutes ago virtually with the Ministers of Oil and Energy of the organization attending.

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: Political standoff led to resignation of second Kuwait cabinet

Political standoff led to resignation of second Kuwait cabinet

Monday, 08 November 2021 19:04

Kuwait’s government resigned Monday for the second time this year after opposition lawmakers hindered fiscal reform; an action to pave a way to solve the political standoff in the country.

Iranpress: Oil price increases after OPEC+ rebuffs US call for more supply

Oil price increases after OPEC+ rebuffs US call for more supply

Friday, 05 November 2021 09:14

Oil prices increased more than 1% on Friday, staging a partial improvement after OPEC+ producers refused a US call to raise supply and instead maintained plans for a gradual return of output halted by the pandemic.

Iranpress: Iran’s oil sales improve: Minister

Iran’s oil sales improve: Minister

Wednesday, 03 November 2021 09:53

Tehran (IP) - Minister of Petroleum says Iran’s oil sales have improved.

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.

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