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OPEC

  • OPEC secretary general highlights Iran’s important role in stabilizing oil market

    OPEC secretary general highlights Iran’s important role in stabilizing oil market

    Aug 01, 2022 19:57

    The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) says Iran is one of the most important founding members of the intergovernmental energy body and plays a significant role in bringing stability to the global oil market.

  • Iran, OPEC grieve sudden death of Nigeria’s Barkindo

    Iran, OPEC grieve sudden death of Nigeria’s Barkindo

    Jul 06, 2022 12:18

    Mohammad Barkindo, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC), has passed away unexpectedly at the age of 63.

  • Iran’s oil output up 1.4% to 2.564 mln bpd in April: OPEC

    Iran’s oil output up 1.4% to 2.564 mln bpd in April: OPEC

    May 18, 2022 04:24

    Iran’s oil production rose slightly in April against the first quarter this year, OPEC figures show, as a media report claims Iran’s crude export volumes remained stable last month despite reports suggesting that shipments to China had declined because of higher Russian exports to the East Asian country.

  • Nigerian minister upbeat Iranian supplies will boost markets

    Nigerian minister upbeat Iranian supplies will boost markets

    Feb 23, 2022 07:12

    Nigerian’s Oil Minister Timipre Sylva says there is no need for a further increase in crude production by the OPEC+ alliance of oil exporting countries as he is upbeat that an international deal on Iran’s nuclear program can be revived soon allowing more supplies from the country into the global oil markets.

  • Figures by OPEC sources confirm Iran oil output rose in 2021: Report

    Figures by OPEC sources confirm Iran oil output rose in 2021: Report

    Feb 16, 2022 06:13

    Figures by the Organization of Petroleum Exporting Countries (OPEC) have confirmed a rising trend in Iranian oil output last year despite sanctions imposed on the country by the United States, shows a report by IRNA.

  •  World needs Iran’s oil to cap surging prices: Oil minister

    World needs Iran’s oil to cap surging prices: Oil minister

    Feb 02, 2022 17:34

    Oil Minister Javad Owji has announced the country is ready o supply more oil to the global markets amid concerns that crude prices could rise as high as $100 barrels.

  • Iran crude oil output up 0.8% in September: OPEC sources

    Iran crude oil output up 0.8% in September: OPEC sources

    Nov 07, 2021 07:48

    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).

  • Minister: Sanctions deprived Iran of $100 billion in oil revenues

    Minister: Sanctions deprived Iran of $100 billion in oil revenues

    Sep 02, 2021 10:41

    New Minister of Petroleum Javad Owji says the "tyrannical" US sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues.

  • Iran crude output up 28% y/y in July to nearly 2.5 million bpd: OPEC data

    Iran crude output up 28% y/y in July to nearly 2.5 million bpd: OPEC data

    Aug 19, 2021 05:25

    Latest 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.

  • Oil prices steady after US call for more oil raises supply concerns

    Oil prices steady after US call for more oil raises supply concerns

    Aug 12, 2021 11:50

    Oil 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.

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