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
Saudi Arabia is likely to support extending OPEC output cuts into the second half of 2017 in an effort to boost oil prices, according to a person familiar with the kingdom’s internal discussions.
News ID: 1089 Publish Date : 2017/04/13
OPEC has upgraded its world oil demand forecast to 1.27 million barrels per day, an upwards revision of 10,000 barrels per day.
News ID: 1085 Publish Date : 2017/04/13
Brent oil extended gains into an eighth straight session on Wednesday, having recovered nearly all last month's losses, after Saudi Arabia was said to be pushing its fellow OPEC members and some rivals to prolong supply cuts beyond June.
News ID: 1084 Publish Date : 2017/04/13
TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the deal between OPEC and non-OPEC nations for cutting output could be further extended beyond June.
News ID: 1035 Publish Date : 2017/03/30
An agreement between OPEC and non-OPEC producers last year to cut crude supplies has raised Iran's oil revenues by $30 million per day, a deputy oil minister said on Sunday.
News ID: 976 Publish Date : 2017/02/13
Iran sold $29 billion worth of oil and condensate during the Jan.-Dec. period, of which $24.7 billion has been collected
News ID: 890 Publish Date : 2017/01/20
Oil prices fell on Wednesday on expectations that US producers would boost output.
News ID: 884 Publish Date : 2017/01/20
Oil-price gains will trigger a “significant” increase in US shale output as OPEC and other producers rein in supply, according to the head of the International Energy Agency.
News ID: 881 Publish Date : 2017/01/20
OPEC oil production fell in December but remains well above levels envisaged under a recent deal that took effect in January, the organization's monthly report showed on Wednesday.
News ID: 880 Publish Date : 2017/01/20
Oil prices slipped on Monday, pressured by doubts that large oil producers will reduce production as promised and on expectations that US production would increase again this year.
News ID: 876 Publish Date : 2017/01/17
OPEC's oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria's oil industry and top exporter Saudi Arabia trimming exports.
News ID: 842 Publish Date : 2017/01/08
Reuters:
Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data.
News ID: 840 Publish Date : 2017/01/08
OPEC members are committed to the deal signed last month to cut output as it is in the interest of their flagging economies, Oil Minister Bijan Namdar Zanganeh said.
News ID: 816 Publish Date : 2016/12/30
Venezuela said it will cut 95,000 barrels per day of oil production in the New Year in fulfillment of a producers' deal to reduce global output and strengthen prices.
News ID: 815 Publish Date : 2016/12/30
Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.
News ID: 797 Publish Date : 2016/12/29
Russian oil producer Gazprom Neft said on Tuesday it planned to increase oil production by 4.5-5% next year, less than it had intended before Russia joined a deal to cut global production with OPEC.
News ID: 789 Publish Date : 2016/12/29
The past two and a half years have not been kind to oil companies.
News ID: 769 Publish Date : 2016/12/27
Crude at $55 a barrel is the magic number for the oil and gas industry to turn around, Wood Mackenzie said in a new report, as the consultancy sounded an optimistic note on recent joint production cut announcements by OPEC and major non-OPEC countries.
News ID: 759 Publish Date : 2016/12/26
