Oil Exports

Iran will continue support for Lebanon resistance, boost all-out ties: FM

Sep 16, 2021 05:32

Foreign Minister Hossein Amir-Abdollahian has said the dignified resistance of the Lebanese people against the Zionist and Takfiri enemy is "a source of honor and pride for all regional nations and the freedom-seekers," vowing that the Islamic Republic will continue to support the resistance front.
Convoy of tankers carrying Iranian fuel arrives in Lebanon

Sep 16, 2021 04:39

A convoy of tankers carrying Iranian fuel has arrived in Lebanon, Lebanese media report.
Iran’s senior policymaker vows support for OPEC market policies

Aug 06, 2021 00:06

A senior Iranian policy-maker has vowed support for market policies of the Organization of Petroleum Exporting Countries (OPEC).
New oil terminal gives Iran greater geopolitical power

Jul 28, 2021 07:23

A new oil exports terminal which Iran inaugurated on the Sea of Oman last week cuts travel time by five days, sharply reducing transportation expenses, its head says.
High oil prices won’t benefit producers in long-run: Zanganeh

Jul 18, 2021 12:26

Iran’s Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.
OPEC members concerned how Iran will return to oil market: Minister

Jul 01, 2021 14:10

Oil Minister Bijan Namdar Zanganeh says that some members of the Organization of Petroleum Exporting Countries (OPEC) are concerned about how a return of Iranian supplies to the international markets would affect the prices.
Firms in Iran on stand-by to ramp up oil production

Apr 27, 2021 10:13

Largest oil producing company in Iran says it is ready to raise production to levels above its output in 2018 when the US illegally targeted the Islamic Republic’s oil industry with the most aggressive sanctions ever.
Oil extend losses into 3rd day on US stock build, pandemic fears

Apr 22, 2021 05:43

Oil prices extended their losses into a third day on Thursday as a surprise build-up in US crude inventories and a resurgence of COVID-19 cases in India and Japan fuelled fears that a recovery in global economy and fuel demand may be stalled.
Oil hits one-month highs as IEA, OPEC raise forecasts

Apr 15, 2021 06:27

Oil prices increased on Thursday to the highest level in almost a month, after rising 5% in the previous session.
Iran earned less than $20bn from crude exports in 2020: CBI chief

Jan 08, 2021 03:28

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the country earned less than $20 billion from crude exports in 2020 as sanctions imposed by the US continued to affect shipments.