OPEC-Plus
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OPEC+ extends oil output cuts to 2nd quarter of 2024
Tehran, IRNA- The Organization of the Petroleum Exporting Countries (OPEC), along with 10 other nations together known as OPEC Plus agreed on Sunday to extend output cuts of 2.2 million barrels per day into the second quarter of 2024.
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OPEC output ups amid increased Iranian supplies
Tehran, IRNA – A survey by Reuters shows that the Organization of the Petroleum Exporting Countries (OPEC) oil output rose in August as Iranian supply rose to its highest since 2018.
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Iran to return to oil market in shortest possible time: Oil minister
Tehran, IRNA - Iranian Minister of Petroleum Bijan Zanganeh said that Iran would return to the markets swiftly when US sanctions were lifted, regardless of the decisions made by the producer group.
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Iran’s envoy, OPEC secretary-general discuss oil market
London, June 8, IRNA - Iran’s permanent representative to the Vienna-based international organizations Kazem Gharibabadi held talks with Secretary General of OPEC Mohammed Barkindo on Monday evening in Austria and discussed oil market and bilateral ties.
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Iran oil production to reach December 2016 level unhindered
Tehran, April 3, IRNA – While OPEC+ had agreed to cut oil production to keep market balance and is now easing the cut in a phased manner, Iran is exempt from making cuts until it reaches December 2016 production level – namely near 4 million barrels per day, as confirmed by Iranian officials and OPEC+ fellows.