• 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 06:21

    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 17:49

    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.

  • Qatar to quit OPEC in January

    Qatar to quit OPEC in January

    Dec 03, 2018 16:13

    Qatar in a surprise announcement says it will leave the Organization of the Petroleum Exporting Countries (OPEC) next month in a move that appears to have been meant to take a swipe at the group’s de factor leader Saudi Arabia.

  • Disputes emerge as oil majors prepare to discuss prices

    Disputes emerge as oil majors prepare to discuss prices

    Nov 28, 2018 20:19

    As the world’s biggest oil producers are preparing to meet next week to discuss production and market prices, some early signs show differences could prevent them from sealing a new deal to reduce output and boost prices.

  • 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.