OPEC

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Iran continues to adhere to a global agreement to scale back crude oil production as OPEC data on Monday showed further cuts in the country's monthly oil output.
News ID: 1539    Publish Date : 2017/11/14

Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more than two years.
News ID: 1531    Publish Date : 2017/11/12

Iran's crude oil crossed the $57-a-barrel threshold for the second time this year as global prices continue to draw support from the prospect of extending a supply cut agreement between OPEC and non- OPEC producers.
News ID: 1517    Publish Date : 2017/11/08

Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
News ID: 1499    Publish Date : 2017/11/04

Oil prices will edge up to $56 a barrel next year from this year’s $53 a barrel level on rising demand, continued production cuts from producers and stabilizing US shale output, the World Bank said.
News ID: 1481    Publish Date : 2017/10/30

Oil eased on Wednesday but was still near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for three years.
News ID: 1475    Publish Date : 2017/10/26

The global oil market is not controlled by the Organization of Petroleum Exporting Countries, a group of 14 nations that produce around 40% of the world's crude, OPEC 's secretary-general said.
News ID: 1465    Publish Date : 2017/10/24

Oil demand will grow at a healthy pace over the next five years, as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum Exporting Countries said.
News ID: 1437    Publish Date : 2017/10/17

Iran continues to remain a top performer in a global deal to cut oil supplies as data by OPEC showed the country pump around 3.82 million barrels per day for a second consecutive month in September.
News ID: 1416    Publish Date : 2017/10/12

Russian President Vladimir Putin said Moscow is open to extending a deal with OPEC to curb oil supplies to the end of 2018, though he will wait to make a decision near the expiry of the current pact in March.
News ID: 1383    Publish Date : 2017/10/06

Saudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, Russian Energy Minister Alexander Novak said in an interview broadcast by Al Arabiya TV on Monday.
News ID: 1371    Publish Date : 2017/10/03

OPEC ’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said.
News ID: 1351    Publish Date : 2017/09/26

Iran's light crude extended its rally to $54 per barrel in the week to September 15 along with a global upturn in oil market.
News ID: 1338    Publish Date : 2017/09/24

Libya and Nigeria, the two OPEC members exempt from the current oil production cut deal, have been invited to participate in the producer group's latest ministerial committee meeting on Sept. 22.
News ID: 1274    Publish Date : 2017/09/07

Iran's light crude oil traded at $51 per barrel in the week to August 25, up $1.24 in weekly trade.
News ID: 1253    Publish Date : 2017/09/04

Iranian crude oil production increased by 100,000 barrels per day (bpd) in August from its previous month.
News ID: 1250    Publish Date : 2017/09/02

OPEC ’s second-largest producer is stepping up the campaign to get more for its oil by looking to revamp the way it sells crude to its biggest customers.
News ID: 1243    Publish Date : 2017/08/31

The impending initial public offering of shares in Saudi Aramco, the world’s biggest oil producer by volume, will be a bellwether for investors’ belief in humanity’s readiness to curb the carbon emissions set to disrupt centuries of stable climate.
News ID: 1210    Publish Date : 2017/08/21

FDIs worth $11.8 billion were attracted under Hassan Rouhani, which stood at $3.4 billion and $3.9 billion in the first and second terms of the former president, Mahmoud Ahmadinejad, respectively
News ID: 1195    Publish Date : 2017/08/19

Iran's crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non- OPEC producers to slash supplies to boost flagging oil prices.
News ID: 1128    Publish Date : 2017/04/24

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