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Oil Price

Iranpress: Gasoline price rises in Saudi Arabia

Gasoline price rises in Saudi Arabia

Thursday, 11 June 2020 07:52

Gasoline prices rose in Saudi Arabia following the fall in world oil prices and the outbreak of the coronavirus.

Iranpress: No Room for noncompliance over OPEC+ production cuts: Saudi Arabia

No Room for noncompliance over OPEC+ production cuts: Saudi Arabia

Tuesday, 09 June 2020 13:14

Saudi Energy Minister Prince Abdulaziz bin Salman said during a virtual press conference on Monday that there is no room whatsoever for lack of conformity.

Iranpress: Iran: OPEC to keep cutting output if Non-OPEC agrees

Iran: OPEC to keep cutting output if Non-OPEC agrees

Saturday, 06 June 2020 19:53

Tehran (IP) - Iran’s Minister of Petroleum said OPEC ministers agreed on Saturday to continue cutting 9.6 Million Barrels Per Day (MMbd) from their output provided that non-member allies agree on it.

Iranpress: Iran names new OPEC governor

Iran names new OPEC governor

Saturday, 06 June 2020 18:45

Tehran (IP) - Iran’s Deputy Minister of Petroleum for International Affairs, Amir-Hossein Zamaninia, has been accepted as the country’s new OPEC governor.

Iranpress: OPEC and allies agree to extend record production cut

OPEC and allies agree to extend record production cut

Saturday, 06 June 2020 17:13

OPEC and its oil-producing allies agreed to extend their current deal to slash production that was set to expire at the end of June.

Iranpress: OPEC and OPEC Plus ministers meet on Saturday

OPEC and OPEC Plus ministers meet on Saturday

Saturday, 06 June 2020 02:13

The OPEC and OPEC Plus oil ministers' meeting, scheduled for June 9 and 10, will be held virtually on Saturday (June 6) at 2 and 4 p.m., Vienna time, respectively.

Iranpress: Putin, Al-Kadhimi discuss oil market, Syria over phone

Putin, Al-Kadhimi discuss oil market, Syria over phone

Monday, 25 May 2020 22:31

During a phone conversation with Iraqi Prime Minister Mustafa al-Kadhimi on Monday, Russian President Vladimir Putin talked about the global oil market and the situation in Syria, the Kremlin said in a statement.

Iranpress: Nigeria Is running out of places to put its LNG production

Nigeria Is running out of places to put its LNG production

Wednesday, 13 May 2020 19:09

The west African nation, one of the world’s top producers of the superchilled fuel, continued to send out tankers of LNG even as demand slumped in line with the virus-stricken global economy.

Iranpress: Energy ministers of Russia and Saudi Arabia discuss oil market situation

Energy ministers of Russia and Saudi Arabia discuss oil market situation

Wednesday, 13 May 2020 17:39

Russian Energy Minister Alexander Novak held a phone conversation with Saudi Energy Minister, Crown Prince Mohammed bin Salman al-Saud, during which they confirmed commitment to oil market stability and balance restoration, the Russian Energy Ministry said on Wednesday.

Iranpress: Saudi government reduces salaries up to %40

Saudi government reduces salaries up to %40

Wednesday, 06 May 2020 18:59

A Saudi ministerial decision issued on Monday allows companies in the private sector to reduce salaries by 40 percent

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