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Oil sale, release of Iran’s frozen assets among top priorities: President
Aug 30, 2021 04:17President Seyyed Ebrahim Raeisi called on his economic team to shift the focus on efforts to normalize the sale of oil and ensure the release of the country’s funds blocked abroad.
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New Oil Minister Owji vows to consolidate Iran’s position in OPEC
Aug 26, 2021 11:56Iran’s new Oil Minister Javad Owji says the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC).
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Oil rally ends amid COVID-19 concerns, returning supply
Aug 26, 2021 06:44Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as production returned in Mexico.
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Iran’s fuel shipment to Lebanon heralds defeat of US hegemony in region: Report
Aug 26, 2021 01:15Iran’s fuel shipment to Lebanon opens a new horizon in relations between the two countries and sets the stage for the defeat of US hegemony in the region, says a report.
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President stresses removal of obstacles to boosting Iran's non-oil exports
Aug 23, 2021 00:25Iran's President Seyyed Ebrahim Raeisi called for the adoption of practical policies to boost the country’s non-oil exports.
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Hezbollah warns foes: Tankers carrying Iranian fuel are Lebanese territory
Aug 19, 2021 08:41Hezbollah Secretary-General Seyyed Hassan Nasrallah has announced that a ship carrying Iranian fuel will set sail for Lebanon within hours, saying the resistance movement would regard this vessel and other tankers to carry Iranian fuel as Lebanese territory, in an apparent warning to Israel and the United States.
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Iran crude output up 28% y/y in July to nearly 2.5 million bpd: OPEC data
Aug 19, 2021 00:55Latest data by the Organization of Petroleum Exporting Countries (OPEC) shows Iran continued to increase its crude oil output in the calendar month to late July.
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Attempts to undermine Russia’s Nord Stream 2 project doomed to failure: Lavrov
Aug 18, 2021 01:41Russian Foreign Minister Sergei Lavrov says all future attempts by the US-led Western countries to undermine the Nord Stream 2 project, a sprawling undersea pipeline that will carry Russian gas directly into Germany, are doomed to failure.
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NIOC raises September crude prices for Asian customers
Aug 18, 2021 01:02The National Iranian Oil Company (NIOC) has raised the September official selling prices (OSPs) for crude deliveries to customers in Asia.
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Oil prices steady after US call for more oil raises supply concerns
Aug 12, 2021 07:20Oil prices remained steady on Thursday following two days of gains after a call by the US for major producers to increase output reinforced supply concerns.