• OPEC, allies may deepen output cuts: Iraqi oil minister

    OPEC, allies may deepen output cuts: Iraqi oil minister

    Dec 02, 2019 13:28

    OPEC and allied oil producers will consider deepening their existing oil output cuts by about 400,000 barrels per day (bpd) to 1.6 million bpd, Iraq's oil minister said on Sunday.

  • OPEC+ discuss possible easing of Iran sanctions: Saudi minister

    OPEC+ discuss possible easing of Iran sanctions: Saudi minister

    Sep 13, 2019 06:22

    Members of the Organization of the Petroleum Exporting Countries and allies, a grouping known as OPEC+, have discussed in their latest meeting that the United States might ease sanctions imposed on Iran’s oil sale and what impact they might have on future of the global supplies.

  • Iran happy with decisions adopted in OPEC meeting: Oil minister

    Iran happy with decisions adopted in OPEC meeting: Oil minister

    Jul 03, 2019 05:35

    Iran’s Oil Minister Bijan Namdar Zanganeh says he is happy with decisions adopted in a recent meeting of the Organization of Petroleum Exporting Countries (OPEC), including an extension to supply cuts to the global market.

  • Some OPEC members threaten organization’s existence: Iran

    Some OPEC members threaten organization’s existence: Iran

    Jul 01, 2019 14:00

    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 14:18

    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 16:51

    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 11:28

    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 08:42

    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 14:09

    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.

  • Qatar, asserting independence, to leave OPEC in 2019

    Qatar, asserting independence, to leave OPEC in 2019

    Dec 17, 2018 20:31

    Gas-rich Qatar, seeking greater autonomy from its rivals in the Persian Gulf, especially Saudi Arabia, sends out a 'trial balloon', with its decision to leave the OPEC, says journalist Jonathan Gorvett in his article for Asia Times, titled: “Qatar, asserting independence, to leave OPEC in 2019”.