Saudis Recognize Iran’s Exemption from Oil Freeze

OPEC member states have achieved an agreement to control production cap, a decision which immediately impacted the markets with oil prices improving.

Iran Now Has the Edge in Fight over Oil Prices with Saudi Arabia: Report

In an article, Bloomberg has discussed the recent developments in the oil market, particularly the rivalry between Iran and Saudi Arabia.

Iran Supports Measures Aimed at Stabilizing Oil Market: Minister

Iran says it would support any move to stabilize global oil market, but the prices should be set reasonably.

OPEC Secretary-General to Visit Iran in Near Future

Mohammed Barkindo, the new secretary-general of Organization of the Petroleum Exporting Countries (OPEC) will pay an official visit to Tehran to personally appreciate Iran’s support.

Market Unaffected by Iran Export Hike ahead of OPEC Meeting

Iran has not negatively impacted the oil market by doubling its crude oil exports, says Iranian Minister of Petroleum Bijan Zangeneh.

Iran’s return to oil market gradual: Zanganeh

Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.

Aligned OPEC members can stabilize oil prices: Iran

Iranian President Hassan Rouhani says collective efforts by OPEC member states can help stabilize global crude prices at a desirable level in 2015.

Iran, OPEC states pursuing sliding crude prices

Oil Minister Bijan Namdar Zanganeh has said that Iran and its fellow OPEC members are pursuing the issue of plummeting crude prices.
Hashemi Rafsanjani

Rafsanjani urges OPEC cooperation to prevent further drop in oil prices

Chairman of the Expediency Council Akbar Hashemi Rafsanjani has urged OPEC members to stand united and prevent further drop in oil prices.
OPEC Zangeneh

With oil prices in free fall, an OPEC extraordinary meeting is likely: Iranian oil...

Consensus among all members will determine whether or not an extraordinary meeting of OPEC should be held in case global oil prices continue to drop, said the Iranian oil chief.

Today's Front Pages