OPEC

The latest news and views about Organisation of the Petroleum Exporting Countries (OPEC)

Economy

Iran Supports Measures Aimed at Stabilizing Oil Market: Minister

Fatemeh Askarieh -
Iranian Minister of Petroleum Bijan Zanganeh says the Islamic Republic supports any potential measures aimed at restoring stability to global oil markets, implying, however, that oil prices should be set at reasonable levels.
IFP Exclusive

OPEC Secretary-General to Visit Iran in Near Future

IFP Editorial Staff -
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.
Energy

Market Unaffected by Iran Export Hike ahead of OPEC Meeting

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

Iran’s return to oil market gradual: Zanganeh

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

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.
Energy

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

Emad Askarieh -
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.
Economy

OPEC; the known unknowns

Emad Askarieh -
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
Economy

Non-OPEC members must participate in oil output cut

Emad Askarieh -
Oil Minister Bijan Namdar Zanganeh says it is not only up to OPEC to deal with growing market oversupplies, adding non-OPEC producers should to cooperate to limit oil production.
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