• Saudi violated OPEC pact under US pressure: Iran

    Saudi violated OPEC pact under US pressure: Iran

    Oct 23, 2018 13:50

    Iran’s Oil Minister says Saudi Arabia has submitted to US pressure, violating an OPEC agreement reached in June not to raise its production.

  • Iran: US seeking to politicize OPEC's decisions

    Iran: US seeking to politicize OPEC's decisions

    Sep 25, 2018 16:06

    Iran's OPEC Governor Hossein Kazempour Ardabili blasted the US for trying to politicize the decisions by the Organization of the Petroleum Exporting Countries (OPEC).

  • Trump’s demands faced negative response from OPEC: Iran

    Trump’s demands faced negative response from OPEC: Iran

    Sep 24, 2018 14:22

    Iranian minister of petroleum has welcomed OPEC's decision effectively rebuffing President Donald Trump’s calls for a hike in oil output, saying US dream to zero Iran's oil exports would not realize.

  • Iran says will veto any OPEC decision harming its interests

    Iran says will veto any OPEC decision harming its interests

    Sep 21, 2018 05:11

    Iranian minister of petroleum has warned fellow OPEC members against any effort to appease the US, saying Tehran will veto any decision by the Organization of Petroleum Exporting Countries that harms Iran's national interests.

  • Iran asks for OPEC's support, wants non-political decisions

    Iran asks for OPEC's support, wants non-political decisions

    Aug 19, 2018 10:40

    Iranian Ambassador to the International Atomic Energy Agency (IAEA) and other world bodies headquartered in Vienna Kazem Qaribabadi underlined the need for the Organization of the Petroleum Exporting Countries (OPEC) to stay unpolitical and continue support for members.

  • Trump ‘taken hostage’ by Saudis on Iran oil sanctions: Official

    Trump ‘taken hostage’ by Saudis on Iran oil sanctions: Official

    Aug 01, 2018 11:27

    Iran’s OPEC governor says US President Donald Trump has apparently been duped by Saudi Arabia into believing that the kingdom can replace Iranian barrels cut from the market.

  • OPEC to suffer from Saudi move to raise output: Zanganeh

    OPEC to suffer from Saudi move to raise output: Zanganeh

    Jul 16, 2018 16:33

    Iran says a recent move by Saudi Arabia to increase its production of oil despite last month’s agreement by the Organization of the Petroleum Exporting Countries (OPEC) to maintain supply limits has already put the credibility of the Organization at stake, stressing that Riyadh would be responsible for the future repercussions of this.

  • Iran blasts Trump's 'insulting' order to OPEC to raise output, reduce prices

    Iran blasts Trump's 'insulting' order to OPEC to raise output, reduce prices

    Jul 07, 2018 16:58

    Iran says US President Donald Trump has insulted the Organization of the Petroleum Exporting Countries (OPEC) by trying to use political pressures to change the policies of the Organization.

  • Iran says Saudis ‘belittle’ OPEC if raise oil output

    Iran says Saudis ‘belittle’ OPEC if raise oil output

    Jun 29, 2018 13:25

    Iran has strongly reacted to a purported plan by Saudi Arabia to increase its production of crude oil and says the alleged attempt would belittle the Organization of the Petroleum Exporting Countries (OPEC) which last week agreed to maintain supplies.

  • OPEC agrees nominal output rise of 1 million bpd from July

    OPEC agrees nominal output rise of 1 million bpd from July

    Jun 23, 2018 06:49

    The Organization of the Petroleum Exporting Countries (OPEC) has agreed to increase oil production by around one million barrels per day (bpd), or 1 percent of global supply, from next month, the oil minister of the body's kingpin Saudi Arabia says.