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Oil Price

Iranpress: OPEC and allies agree to increase oil production

OPEC and allies agree to increase oil production

Friday, 02 April 2021 04:39

The oil and energy ministers of OPEC member states agreed to gradually increase oil production for May, June and July 2021.

Iranpress: Oil drops as COVID-19 vaccine halt threatens demand

Oil drops as COVID-19 vaccine halt threatens demand

Wednesday, 17 March 2021 02:55

Oil prices fell for a third day on Tuesday, as Germany, France, and other European states suspended the use of a major coronavirus vaccine, threatening the recovery of fuel demand.

Iranpress: Iran

Iran's oil production surpasses 2m bpd in January: OPEC

Saturday, 13 March 2021 13:26

The Organization of the Petroleum Exporting Countries (OPEC) said in its latest report that Iran's oil production had increased.

Iranpress: Oil prices surge after Yemenis

Oil prices surge after Yemenis' attack on Saudi oil site

Tuesday, 09 March 2021 05:33

Oil prices pressed higher yesterday after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets already rattled by a decision by oil producers last week to not lift output.

Iranpress: Brent crude tops $62 per barrel first time since 24 January 2020

Brent crude tops $62 per barrel first time since 24 January 2020

Friday, 12 February 2021 23:00

MOSCOW (IP) - The price of Brent crude rose above $62 per barrel for the first time since 24 January 2020, according to trading data.

Iranpress: Int

Int'l oil exhibition, signaling development of Iran’s oil industry amid sanctions

Saturday, 23 January 2021 16:01

Tehran (IP) - Displaying Iran’s capabilities and technologies at the 25th international oil and gas exhibition proves that US sanctions and the maximum pressure policy can't halt the development of Iran’s oil industry. 214

Iranpress: Iran’s Azar oilfield to become operational: Official

Iran’s Azar oilfield to become operational: Official

Wednesday, 06 January 2021 22:11

Tehran (IP) - The CEO of Oil Industries Engineering and Construction (OIEC) Group announced the first phase of the Azar joint oilfield will become productive soon.

Iranpress: Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Friday, 04 December 2020 00:13

Tehran (IP) - Iranian Oil Minister said that given the uncertainty of the oil market, the decision to gradually increase OPEC Plus oil production is a wise decision.

Iranpress: Oil falls further after Trump’s positive test for COVID-19

Oil falls further after Trump’s positive test for COVID-19

Friday, 02 October 2020 10:52

Oil prices extended losses to more than 3% on Friday after U.S. President Donald Trump said he has tested positive for the coronavirus, while a U.S. stimulus package eluded negotiators amid ongoing worries about demand.

Iranpress: South Pars, honor for Islamic Republic of Iran: Oil Minister

South Pars, honor for Islamic Republic of Iran: Oil Minister

Wednesday, 30 September 2020 13:03

Tehran (IP) - During the open session of today's parliament, Iranian Oil Minister Bijan Namdar Zanganeh stated that the South Pars gas field is an honor for the Islamic Republic of Iran.

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