TEHRAN, September 22 _ OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers.
TEHRAN, September 21 - 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.
TEHRAN, September 17 - Iran has criticized the Organization of the Petroleum Exporting Countries (OPEC) for allowing Saudi Arabia and the United Arab Emirates to turn the body into a “tool in the hands of the US.”
TEHRAN, September 03 - The International Crisis Group had warned that conflict threatening the nation's oil sector remains a present threat so long as political grievances remain unresolved.
TEHRAN, August 20 - Iran has called on the Organization of the Petroleum Exporting Countries (OPEC) to prevent efforts by certain member states to take over its share of the oil market in what is seen as a reference to speculations that Saudi Arabia would pump more oil to fill Iran’s gap once US sanctions against the Islamic Republic take effect.
TEHRAN, July 17 - Iran said a recent move by Saudi Arabia to increase its production of oil despite last month’s agreement by the Organization of the Petroleum Exporting Countries (OPEC) to maintain supply limits has already put the credibility of the Organization at stake, stressing that Riyadh would be responsible for the future repercussions of this.
TEHRAN, June 29 - Iran has strongly reacted to a purported plan by Saudi Arabia to increase its production of crude oil and says the alleged attempt would belittle the Organization of the Petroleum Exporting Countries (OPEC) which last week agreed to maintain supplies.
TEHRAN, June 22 - The OPEC oil countries agreed Friday to increase their combined production by almost 1 million barrels a day, though questions remain over some members' ability to do so amid domestic trouble and sanctions.
TEHRAN, June 19 -Iranian Oil Minister Bijan Zanganeh has called on the Organization of the Petroleum Exporting Countries (OPEC) to resist calls from Washington to alter its output policies.
TEHRAN, June 18 - Iran said it will veto an anticipated proposal by Saudi Arabia and Russia to increase global production of oil when major producers meet in Vienna on Wednesday, stressing that it will have Iraq and Venezuela by its side to block the move.
TEHRAN, June 13 - US President Donald Trump on Wednesday accused the Organization of Petroleum Exporting Countries of driving up oil prices, in a fresh swipe at the cartel's agreement to cap production.
TEHRAN, June 09 - Iran said on Friday a U.S. request for Saudi Arabia to pump more oil so that it could cover a drop in Iranian exports was “crazy and astonishing” and said OPEC would not heed the appeal, setting the stage for a tough OPEC meeting this month.
TEHRAN, June 01 - Iranian Oil Minister Bijan Zangeneh called on the UAE to include a separate agenda item for the June OPEC meeting entitled “OPEC Ministerial Conference support to the Member Countries that are under illegal, unilateral and extraterritorial sanctions”.
TEHRAN, May 20 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord.
TEHRAN, May 19 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord.
TEHRAN, May 10 -OPEC says it is too soon to decide whether to increase production to make up for any loss in supply from Iran’s exports following US announcement that it would impose new sanctions on Tehran.
TEHRAN, April 20 - US President Donald Trump has accused the Organization of the Petroleum Exporting Countries (OPEC) of propping up oil prices, which have reached their highest level in over three years.
TEHRAN, April 20 - US President Donald Trump has accused the Organization of the Petroleum Exporting Countries (OPEC) of propping up oil prices, which have reached their highest level in over three years.