Oil Market
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Raeisi:
Western states seeking division between OPEC countries
TEHRAN, May 27 (MNA) – Saying that several Western states are seeking division between OPEC member states, Iranian President Ebrahim Raeisi called on OPEC member countries to preserve cohesion and unity.
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Iran stresses necessity for OPEC+ countries cooperation
TEHRAN, Oct. 08 (MNA) – Iran’s permanent Envoy in Vienna-based International Organizations Mohsen Naziri Asl in a meeting with the Secretary General of OPEC Haitham Al Ghais stressed the importance of cooperation among OPEC+ countries.
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Iran oil to stabilize global market, reduce prices: Qatar FM
TEHRAN, May 21 (MNA) – Qatar's Foreign Minister has said the return of Iran's oil to the global markets will reduce the prices.
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UAE minister says energy market needs Russian oil
TEHRAN, Mar. 28 (MNA) – The United Arab Emirates energy minister Suhail al-Mazrouei said on Monday that Russian oil is needed by energy markets and no producer can substitute its production.
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By: Ahmadreza Rouhollahzad
What implications the Ukraine war could have for West Asia?
TEHRAN, Feb. 26 (MNA) – The Ukraine war the subsequent sanctioning of Russia's oil and gas exports could increase the Middle Eastern region's influence in the energy market but the developments would go a different way.
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Global oil market needs Iran oil supply: minister
TEHRAN, Feb. 02 (MNA) – "If world’s oil consumers are dissatisfied with the current oil prices and supply levels, I suggest a quick lifting of the US unilateral and cruel sanctions against Iran," according to the Iranian oil minister Javad Owji Wed.
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OPEC+ predicts tighter oil market until May 2022
TEHRAN, Sep. 01 (MNA) –OPEC+ expects the oil market to be in deficit at least until the end of 2021 and stocks to stay relatively low until May 2022, OPEC+ sources said on Tuesday, a day ahead of a policy meeting amid US pressure to raise production.
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Return of Iranian oil to market will not be a shock: minister
TEHRAN, Jul. 04 (MNA) – Oil Minister Bijan Namdar Zangeneh said Sunday. that Iran can increase its daily production to 6 million barrels per day (bpd), adding that the return of Iranian oil to the global market will not come as shock.