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Iran Supports Moves to Improve Oil Price: Zangeneh

Emad Askarieh -
Iranian Minister of Petroleum Bijan Zangeneh said Tehran supports any move to stabilize the situation in the international crude oil market and improve the price of the product.
Energy

Tehran Quartet Ministerial Meeting Opens to Tackle Oil Price Slump

Emad Askarieh -
A meeting of oil and energy ministers of Iran, Iraq, Venezuela, and Qatar started here on Wednesday to discuss solutions to save the global crude oil prices to stabilize the market.
Economy

Iran’s oil production increases 400,000 pbd

Golrokh Askarieh -
Deputy Oil Minister Rokneddin Javadi said on Sunday that production of Iran's crude oil increased 400,000 barrel each day and the figure is expected to increase by another 200,000 barrels.
Economy

Is $50 per barrel oil in the offing?

Emad Askarieh -
An increase in OPEC output, a hike in the number of American oil rigs and Iran's likely production increase contribute to the decline in oil prices.
Economy

Iran’s light crude price rises by $9

Emad Askarieh -
The government envisages different scenarios with regard to oil prices and prepares itself for any rate, said the economy minister.
Economy

Iran parliamentary committee cuts National Development Fund’s share of oil

Emad Askarieh -
The share of National Development Fund of Iran from oil revenues has decreased to 20 percent from a previous 26 percent.
Energy

Enemy cannot prolong its pump war

Emad Askarieh -
Justice Minister Mostafa Pourmohammadi has said that Iran has managed to undo the destructive effects of the Western-imposed sanctions.
Economy

Sliding crude prices at the expense of alternative energies

Emad Askarieh -
Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.
Economy

Tumbling oil prices have opened up an opportunity for Iran

Emad Askarieh -
Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.
Americas

Aligned OPEC members can stabilize oil prices: Iran

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

Iran, OPEC states pursuing sliding crude prices

Emad Askarieh -
Oil Minister Bijan Namdar Zanganeh has said that Iran and its fellow OPEC members are pursuing the issue of plummeting crude prices.
Energy

Falling crude prices unable to push Iran to soften tone

Emad Askarieh -
The Iranian oil chief has said that plummeting oil prices will not make the country change its steadfast positions and stances.
Energy

Oil price manipulation, too risky a gamble

Emad Askarieh -
An Iranian energy expert says Saudi Arabia’s deliberate manipulation of oil prices and its overproduction are to blame for the sharp pains the glutted market feels.
Energy

Rafsanjani urges OPEC cooperation to prevent further drop in oil prices

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

Saudi comments add to market volatility

Emad Askarieh -
A slump in prices is temporary and it will be “difficult, if not impossible” for OPEC to curb its oil production amid a glut, said Ali Al-Naimi, Saudi Arabia’s oil minister.
Energy

Iran to increase oil output to 5.7 million bpd by 2018

Emad Askarieh -
Oil Ministry has a planned to increase oil output to 5.7 million bpd by 2018, Deputy head of the Majlis Energy Commission Ali Marvi said on Saturday citing the plannings presented by Oil Minister Bijan Namdar Zanganeh.
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