Tag Archives: Minister

The parties will discuss possible increase of oil production.

Zanganeh said that Iran would try to maintain its export levels in the face of US sanctions.

Most of the shortfall has come from Venezuela. where an economic crisis has savaged the nation’s petroleum production.

Falih said any raising of output would be measured.

Higher oil prices help U.S. shale producers.

Pradhan said India will raise the issue of the recent fuel price hike at the OPEC meeting.

World’s population will increase to more than 9 billion by 2050.

OPEC members and independent producers will meet in the Austrian capital. Vienna. on 22 June to discuss a future production policy.

An oil production shortfall in Iran and Venezuela has changed the scenario for the two countries and members of the oil cartel.

The UAE minister said stock levels had dropped significantly since the beginning of 2017.