Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
OPEC Ministers Start Talks on Increasing Oil Production
Redistribution of quotas between countries to reduce oil production would become main issue at the meeting.
Read More »Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »Iran will Reject Saudi-Russia Proposal to Increase Oil Production
OPEC members and independent producers will meet in the Austrian capital. Vienna. on 22 June to discuss a future production policy.
Read More »Russia and Saudi Arabia will Ask OPEC output Rise of 1.5 Million bpd
An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »The Agreement will not Indicate Particular Volumes
On June 22-23. OPEC + participants will meet in Vienna to discuss options for further implementation of the transaction.
Read More »Brent Decline as Saudi. Russia could Support Output Hike
South Korea’s Iranian crude oil imports fell in May to their lowest since January.
Read More »