Saturday, 12 February 2022 (YJC)_ The Iranian ambassador to Moscow said: "Tehran considers the consultations with Russia in the form of OPEC Plus very important and hopes that these talks will continue."
Sunday, 7 November 2021 (YJC)_Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iran’s crude output rose slightly in September to reach 2.503 million barrels per day (bpd).
Wednesday, 14 April 2021_Iran increased its crude oil output in March by 6.3%, according to latest data by the Organization of Petroleum Exporting Countries (OPEC), as the country moves to offset cuts to production suffered in recent years because of US sanctions.
Thursday, 04 March 2021 (YJC)_ Members of oil producer cartel OPEC and allied countries have agreed to leave most of their existing oil production cuts in place.
Sunday, 11 October 2020_Iran’s capacity for refining crude and other products has increased by nearly a fourth in four years to 2020 to become the second largest in the Organization of Petroleum Exporting Countries (OPEC).
Monday, 14 September 2020_Iran’s OPEC governor says the country is not mulling any departure from the Organization of Petroleum Exporting Countries some sixty years after it helped found the key global energy cartel.
Monday, 14 September 2020_With Iran and Venezuela sidelined in OPEC under sanctions, Saudi Arabia has shown it would rather guarantee US interests through the oil grouping than risk losing American support, current and former OPEC officials say.
Tehran, 16 May_Iran’s governor to the Organization of the Petroleum Exporting Countries (OPEC) has passed away after suffering a brain hemorrhage and falling into a coma.
Tehran 07 March_Iran’s Minister of Petroleum Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
TEHRAN, Jul 2 - Iranian Oil Minister Bijan Namdar Zanganeh hailed a Tuesday meeting of the Organization of the Petroleum Exporting Countries (OPEC) as “good” and said the Islamic Republic was again exempted from the oil output restrictions.
TEHRAN, Jul 1 -Members of the Organization of the Petroleum Exporting Countries (OPEC) have agreed to extend cuts to their supply of oil to the international markets for another nine months as they seek more stable prices amid an increase in oil production in the United States and tensions created in the market as result of Washington’s political and economic tensions with other countries.
TEHRAN, Jun 5 - Iran and several other OPEC members have opposed a proposal to reschedule the oil producing group’s next meeting later this month, reports said on Wednesday.
TEHRAN, May 06 - Iraq's oil minister has stressed that his country won't increase oil production to meet supply shortages in any case as the country is totally committed to an agreed OPEC crude output cut.
TEHRAN, May 01 -Iranian Minister of Petroleum Bijan Zangeneh says a US bid to cut Iran’s oil exports to zero is a “pious hope,” warning countries using oil as a weapon about repercussions of further volatility in the global market.
TEHRAN, Apr 13 -Russia and OPEC may decide to boost production to fight for market share with the United States but would see oil prices drop to as low as $40 per barrel.
TEHRAN, Apr 08 -Oil prices rose to five-month highs on Monday, driven up by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela and healthy U.S. jobs data.
TEHRAN, Apr 02 - A global agreement between the OPEС and non-OPEC countries on oil production cuts could be easily extended, Iran’s Oil Minister Bijan Namdar Zanganeh said in Russia.