TEHRAN, Mar 04 -Oil prices rose on Monday, buoyed by OPEC output cuts and reports that the United States and China are inching closer to a deal on a tariff row that has slowed global economic growth.
TEHRAN, Feb 25 - U.S. President Donald Trump expressed concern about oil prices and called on the Organization of the Petroleum Exporting Countries not to raise prices.
TEHRAN, Feb 04 -Oil hit a two-month high above $63 a barrel on Monday as OPEC-led supply cuts and U.S. sanctions against Venezuela’s petroleum industry offset forecasts of weaker demand and an economic slowdown.
TEHRAN, Jan 22 -Oil prices edged up on Monday, reversing earlier losses, as investors shrugged off data that confirmed China’s economic growth is cooling and instead latched on to positive supply-side drivers for the market.
TEHRAN, December 12 -Oil prices climbed by more than 1 percent on Wednesday amid a broad stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilize the supply-demand balance.
TEHRAN, December 10 - Iranian President Hassan Rouhani said the Organization of the Petroleum Exporting Countries’ recent agreement in Vienna marked a new defeat for the US and thwarted its intrusive plots.
TEHRAN, December 09 -OPEC and non-OPEC members agreed Friday in Vienna to work to jointly reduce crude oil production by 1.2 million barrels per day for the next six months to try to influence higher oil prices.
TEHRAN, December 07 - Member states of the Organization of the Petroleum Exporting Countries (OPEC) and 10 other oil producing nations have agreed to cut output by 1.2 million barrels a day despite opposition from US President Donald Trump's administration.
TEHRAN, December 07 - OPEC has tentatively agreed an oil output reduction but is reportedly waiting for Russia to declare its commitment before deciding the exact volumes for a cut aimed at propping up crude prices.
TEHRAN, December 05 -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.
TEHRAN, December 03 - Iran says Qatar’s decision to quit the Organization of the Petroleum Exporting Countries (OPEC) shows the frustration of small producers at the dominant role of a Saudi and Russia-led panel that determines production cuts in order to help regulate prices.
TEHRAN, December 03 -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.
TEHRAN, December 03 -Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group’s de facto leader Saudi Arabia and marring efforts to show unity before this week’s meeting of exporters to tackle an oil price slide.
TEHRAN, December 03 - One of the world’s key energy producers, Qatar, is quitting the Organization of the Petroleum Exporting Countries (OPEC) on January 1, Energy Minister Saad al-Kaabi said. Qatar has been an OPEC member for 57 years.
TEHRAN, December 03 - Qatar is withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) as of January 2019, Saad al-Kaabi, the country’s energy minister said on Monday.
TEHRAN, November 12 -Saudi Energy Minister Khalid Falih rejected speculations that Riyadh is studying the prospects of the elimination of the Organization of the Petroleum Exporting Countries (OPEC), stressing that no plan to that effect is on agenda.
TEHRAN, October 23 - Iran’s minister of petroleum says Saudi Arabia has submitted to US pressure, violating an OPEC agreement reached in June not to raise its production.
TEHRAN, September 24 - Iran has criticized the United States of pressuring oil producers of the Persian Gulf region to increase their output, expressing hope that member states of the Organization of the Petroleum Exporting Countries (OPEC) would not yield to “orders” by US President Donald Trump to turn the taps on.
TEHRAN, September 23 -Saudi Arabia – the biggest oil producer of the Organization of the Petroleum Exporting Countries (OPEC) – and biggest oil-producer ally outside the group, Russia, have jointly rebuffed a veiled request by US President Donald Trump to implement an immediate increase in their production of crude oil.