OPEC
The latest news and views about Organisation of the Petroleum Exporting Countries (OPEC)
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.
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.
With oil prices in free fall, an OPEC extraordinary meeting is likely: Iranian oil minister
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.
OPEC; the known unknowns
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
Non-OPEC members must participate in oil output cut
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.
