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Oil Price

Iranpress: Brazil to join OPEC+, Petrobras CEO says

Brazil to join OPEC+, Petrobras CEO says

Saturday, 02 December 2023 18:54

The chief executive of state-run oil firm Petrobras said that Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps,.

Iranpress: OPEC+ to reduce oil production by 2.2 mln bpd

OPEC+ to reduce oil production by 2.2 mln bpd

Friday, 01 December 2023 09:31

Vienna (IP) : A number of OPEC+ countries will voluntarily reduce oil production in the first quarter of 2024 by 2.2 million bpd, the organization said in a press release.

Iranpress: Brent oil slips toward $80 ahead of OPEC+ meeting

Brent oil slips toward $80 ahead of OPEC+ meeting

Monday, 27 November 2023 16:07

Oil prices slipped on Monday, with Brent falling toward $80 a barrel, as investors waited for an OPEC+ meeting later this week for an agreement expected to curb supplies into 2024.

Iranpress: Iran

Iran's oil production increases to 3.6 million barrels per day

Tuesday, 21 November 2023 15:09

Tehran (IP) - The Minister of Oil of the Islamic Republic of Iran announced the increase of Iran's oil production to 3.6 million barrels per day.

Iranpress: Oil Min: Government is implementing oil projects worth $50 bn.

Oil Min: Government is implementing oil projects worth $50 bn.

Saturday, 18 November 2023 19:03

Tehran (IP) – Iran’s 13th (incumbent) administration has offered new oil projects worth more than $50 billion, said Oil Minister Javad Owji.

Iranpress: Iran, Belarus sign oil cooperation document

Iran, Belarus sign oil cooperation document

Tuesday, 17 October 2023 19:27

Minsk (IP) – Iran and Belarus signed a document on cooperation in the oil sector in the Belarusian capital Minsk on Tuesday.

Iranpress: Minister says U.S. senators have confirmed rise in Iran’s oil output, exports

Minister says U.S. senators have confirmed rise in Iran’s oil output, exports

Saturday, 30 September 2023 19:17

IP- U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, said Iranian Oil Minister Javad Owji on Saturday.

Iranpress: Saudi Arabia to cut oil supply

Saudi Arabia to cut oil supply

Tuesday, 19 September 2023 10:54

(IP)- The Saudi minister announced his country's decision to cut oil supply to stabilize the market.

Iranpress: Owji says ‘Iran will export oil wherever it wants’

Owji says ‘Iran will export oil wherever it wants’

Sunday, 17 September 2023 16:11

Tehran (IP)- Iran’s Oil Minister Javad Owji on Sunday said his country “will export crude oil and gas condensates wherever it wants.”

Iranpress: Oil rises to highest in 2023 on tight supply expectations

Oil rises to highest in 2023 on tight supply expectations

Friday, 15 September 2023 05:47

Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed worries about weaker economic growth and rising US crude inventories.

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