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Oil Price

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.

Iranpress: Iran to start $15B. worth of oil and gas projects by mid-march 2024

Iran to start $15B. worth of oil and gas projects by mid-march 2024

Tuesday, 15 August 2023 20:36

Tehran (IP)- In a recent announcement, Iran's first vice president revealed that 67 oil and gas projects are scheduled to be launched by the end of the current Iranian calendar year, which concludes on March 19, 2024.

Iranpress: PEDEC head: Sepehr and Jofeir official oil production to commence in near future

PEDEC head: Sepehr and Jofeir official oil production to commence in near future

Saturday, 12 August 2023 18:44

Tehran (IP) - The Managing Director of the Petroleum Engineering and Development Company (PEDEC) has announced that oil production at the Sepehr and Jofeir fields in southwestern Iran is expected to officially begin during Government Week (August 24-30).

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