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OPEC

  • Some OPEC members threaten organization’s existence: Iran

    Some OPEC members threaten organization’s existence: Iran

    Jul 01, 2019 09:30

    Iran's minister of petroleum says some members of the Organization of the Petroleum Exporting Countries (OPEC) risk destroying the energy group, in an apparent dig at Saudi Arabia.

  • Oil minister: Iran not planning to quit OPEC

    Oil minister: Iran not planning to quit OPEC

    Jun 09, 2019 09:48

    Iranian Oil Minister Bijan Zanganeh blasted certain countries for trying to politicize the Organization of the Petroleum Exporting Countries, and said that Tehran has no plan to leave the oil cartel.

  • Iran has no plan to leave OPEC: Oil minister

    Iran has no plan to leave OPEC: Oil minister

    Jun 08, 2019 12:21

    Iranian Minister of Petroleum Bijan Zangeneh says Tehran has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC), criticizing certain member states for politicizing the group to counter two OPEC founding members--Iran and Venezuela.

  • Iran spurns Saudi-backed plan to change OPEC meet

    Iran spurns Saudi-backed plan to change OPEC meet

    Jun 05, 2019 06:58

    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.

  • ‘Iran to respond to threats made by other OPEC members if interests are threatened’

    ‘Iran to respond to threats made by other OPEC members if interests are threatened’

    May 03, 2019 04:12

    Minister of Oil Bijan Namdar Zangeneh has warned that Iran will reply in kind if its interests in the Organization of the Petroleum Exporting Countries (OPEC) are threatened.

  • Russia-OPEC alliance impossible under Trump: Pompeo

    Russia-OPEC alliance impossible under Trump: Pompeo

    Feb 07, 2019 10:39

    Us Secretary of State Mike Pompeo says an alliance between Russia and the Organization of the Petroleum Exporting Countries (OPEC) will not happen as long as President Donald Trump is in office.

  • Saudi, Russia leave world guessing after OPEC meeting

    Saudi, Russia leave world guessing after OPEC meeting

    Dec 06, 2018 14:36

    OPEC has tentatively agreed an oil output reduction but is reportedly waiting for Russia to declare its commitment before deciding the exact volumes for a cut aimed at propping up crude prices.

  • Iran expects OPEC exemption from new oil output deal

    Iran expects OPEC exemption from new oil output deal

    Dec 06, 2018 06:35

    Iran says it should be exempted from any oil production cut deal as long as it remains under “illegal” US sanctions.

  • Iran raps US envoy’s meetings with OPEC members as ‘unprofessional, meddlesome’

    Iran raps US envoy’s meetings with OPEC members as ‘unprofessional, meddlesome’

    Dec 06, 2018 02:51

    The Iranian oil minister has lashed out at US Special Representative for Iran Brian Hook over his “meddlesome” meetings with members of the Organization of the Petroleum Exporting Countries in Vienna, asserting that OPEC is an independent body that does not take orders from the US.

  • Iran carefully watching next OPEC/non-OPEC move

    Iran carefully watching next OPEC/non-OPEC move

    Dec 05, 2018 14:19

    Iran is carefully monitoring the next steps by some OPEC members and their allies which have “arbitrarily” ramped up oil production, leading to a crash in prices.

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