OPEC

Some countries after politicizing OPEC: envoy

TEHRAN, Aug. 19 (MNA) – Iran’s permanent envoy to Vienna-based intl. organizations said that some countries misuse OPEC to further their own political aims.

Oil min. sends letter of complaint to OPEC on JMMC fault

TEHRAN, Aug. 09 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh has sent a letter to OPEC president, complaining about some members' attempts to redistribute over-conformity in production adjustment level among themselves, and attempts to hand over OPEC countries’ over-conformity to non-OPEC countries.

Former Iran OPEC envoy:

Oil price not to exceed $85 in long term

TEHRAN, Jul. 17 (MNA) – Iran’s former representative in the Organization of Petroleum Exporting Countries (OPEC) Mohammad Hossein Adeli said that oil price will not surpass from $80 to $85 in the long term.

Iran warns OPEC of losing effectiveness

TEHRAN, Jul. 17 (MNA) – In a letter to OPEC President Mohamed Al Mazrouei, Iranian Oil Minister Bijan Namader Zanganeh highlighted that if member countries do not adhere to their commitments regarding oil output, the effectiveness of the organization will be gradually eroded.

Iranian official warns Trump of trying to choke Iran’s oil export

TEHRAN, Jul. 16 (MNA) – Hossein Kazempour Ardebili, Iran’s representative to OPEC, sent US President Trump an email warning the American president about the consequences of trying to choke Iran’s oil export.

Iran’s oil export 'likely' to drop by 500k bpd following new sanctions

TEHRAN, Jul. 10 (MNA) – According to the latest statistics of the National Iranian Oil Company (NIOC), Iran’s oil export volume will likely decrease 500,000 barrels per day (bpd) with restart of sanctions.

Iranian envoy meets with OFID chief in Vienna

TEHRAN, Jul. 10 (MNA) – Newly-appointed Iranian envoy to Vienna-based international organizations met and held talks with Director-General of the OPEC Fund for International Development (OFID) in the Austrian capital on Monday.

Iran’s OPEC envoy:

Oil price soon to reach $100 per barrel

TEHRAN, Jul. 07 (MNA) – Oil will soon cost $100 per barrel due to supply disruptions caused by US President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, warning that expectations that Saudi Arabia and Russia would help bring down prices were in vain.

Iran's OPEC governor:

Trump’s tweets driving up oil prices

TEHRAN, Jul. 05 (MNA) – Iran's representative to OPEC taunted US President Donald Trump for its “despicable” tweets addressing OPEC, saying if Trump does not stop tweeting, oil prices will go even higher.

Iran calls on OPEC to remind members to adhere to production quota

TEHRAN, July 01 (MNA) – In a letter, Iran's oil minister has called on the OPEC to prevent some members from increasing their oil output without seeking consensus with other members.

S Arabia unable to raise oil output by 2mn: Iranian OPEC governor

TEHRAN, July 01 (MNA) – In reaction to Donald Trump’s tweet yesterday, Iran’s OPEC governor, Hossein Kazempour Ardebili said that Saudi Arabia cannot add 2mn bpd to the oil market.

Sarmadi:

Iran, Venezuela need closer joint coop. against Trump’s policies

TEHRAN, Jul. 1 (MNA) – Iranian Vice Minister of Foreign Affairs Morteza Sarmadi said Sun. that Iran and Venezuela need to boost joint efforts to stand against the destructive policies of US President Trump.

Iranian oil min.:

Iran to act based on OPEC resolution

TEHRAN, Jun. 25 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Iran will take measures and act based on the resolution adopted by the Organization of Petroleum Exporting Countries (OPEC) in its recent meeting.

4th OPEC, non-OPEC Ministerial Meeting wraps up

TEHRAN, Jun. 24 (MNA) – The 4th OPEC and non-OPEC Ministerial Meeting in Austrian city of Vienna wrapped on June 23 with a final statement.

Oil min.:

Iran to find other ways to overcome sanctions

TEHRAN, Jun. 23 (MNA) – Iran said it doesn’t believe buyers of its oil will get waivers from the US government that would allow them to continue purchasing cargoes after President Donald Trump’s renewal of sanctions.

US asks Japan to completely stop purchasing Iran's oil

TEHRAN, Jun. 23 (MNA) – The American officials have reportedly asked Japan to completely halt oil imports from Iran, sources familiar with the matter have told world media.

OPEC ministers agree to bring output compliance back to 100%

TEHRAN, Jun. 22 (MNA) – Organization of Petroleum Exporting Countries (OPEC) ministers agreed in principle to bring output compliance back to 100 PCT.

Iran may agree increase in OPEC oil output: minister

TEHRAN, Jun. 22 (MNA) – Iran may agree to an increase in oil output by OPEC and its allies through producers who have over delivered on cuts moving up to their quotas, Iranian Oil Minister Bijan Zanganeh said in an interview with CNN.

Oil minister:

Iran against any increase in OPEC oil output

TEHRAN, Jun. 21 (MNA) – Iran disagrees with any increase in oil production in current circumstances, said Iranian Oil Minister Bijan Namdar Zanganeh on Thursday.

Oil minister says agreement at OPEC unlikely

TEHRAN, Jun. 20 (MNA) – Iranian Oil Minister Bijan Zanganeh has expressed doubt that the OPEC meeting in Vienna would conclude with consensus among the participating members, as Iran intends to veto Saudi Arabia’s proposal to increase oil production.

Oil min.:

Oil market problems are political

TEHRAN, Jun. 19 (MNA) – Iranian Minister of Oil Bijan Namdar Zanganeh said on Tuesday that tensions in the oil market are not caused by supply and demand imbalance but by political issues.

OPEC envoy:

Iran to veto Saudi-proposed supply boost at OPEC

TEHRAN, Jun. 18 (MNA) – Iran’s representative to OPEC said Sun. that the three bloc members, including Iran, Venezuela and Iraq, will veto Saudi Arabia’s proposal to increase oil production in Vienna this week.

OPEC:

Iran oil production amounts to 3.8 mn bpd. in May

TEHRAN, Jun. 13 (MNA) – The monthly OPEC report says Iran’s crude oil production averaged 3.80mn bpd (million barrels per day) in May, near a nine-year high.

Iran oil production surpasses 3.8m bpd in January

TEHRAN, Feb. 7 (MNA) – Iran's daily crude oil production increased by 30,000 barrels last month (January) to reach 3,830,000 bpd, indicating the highest increase in oil production among OPEC member states after Saudi Arabia.

Iran 10-month crude output up 165kbd

TEHRAN, Feb. 04 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh says the country's petroleum output has increased by 165,000 b/d in the first 10 months of the current Iranian calendar year which began on March 21 compared to the same period last year.

Iran’s oil price drops by 60 cents to $69

TEHRAN, Jan. 28 (MNA) – The upswing in the price of Iran’s light crude oil, which began in Jan. 2018, came to a stop during the week leading to Jan. 19, and now stands at about US$69 a barrel.

India's decision to cut oil imports from Iran 'not political'

TEHRAN, Jan. 20 (MNA) – Fereydoun Barkeshli, president of Vienna Energy Research Group in Austria and the National Iranian Oil Company's former general manager for OPEC and international affairs stressed that major producers and exporters eye Asian market vehemently.