Iran’s Oil Minister Bijan Namdar Zanganeh said that his country is satisfied with the new decisions made in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC), including an extension to supply cuts to the global market and the exemption for Tehran.
News ID: 5026 Publish Date : 2019/07/04
The head of a US shale oil company on Thursday sang the praises of OPEC for its price-bolstering production cuts of the last two years, a message the organization's secretary general Mohammed Barkindo said he hopes US President Donald Trump is hearing.
News ID: 3438 Publish Date : 2019/01/27
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