Iran produces record oil within OPEC
The US Department of Energy said Iran set a record for oil production among OPEC member countries last year, reaching 2.8 million barrels per day.
Iran and OPEC
Iran's OPEC governor dies after brain haemorrhage
Iran’s OPEC Governor Hossein Kazempour Ardebili has died of a brain haemorrhage two weeks after falling into a coma, Reuters reported citing the semi-official news agency ISNA. “Kazempour Ardebili ... passed away in a Tehran …
Bijan Zanganeh warns that OPEC may collapse
Iran’s oil minister warned that OPEC is in danger of collapse and said the Islamic Republic would respond to members of the bloc who undermine its crude exports, an apparent reference to nations such as Saudi Arabia that have discussed …
Iran expects OPEC to stick to supply limits
... as world markets don’t need more crude
OPEC deadlocks over Iran, Iraq oil production
A meeting of OPEC national delegates on Friday ended in a deadlock as Iraq and Iran disputed the data being used to allocate production cuts, officials said, Wall Street Journal reported. Iraq and Iran are both intent on …
WSJ: Saudi Arabia plans to support production ceiling
Saudi Arabia is considering backing a ceiling on OPEC’s collective production, but wants the ceiling increased to 32 million to 32.5 million barrels a day, the Wall Street Journal reports with reference to Organization of the Petroleum …
Iran not to give up its oil quota
The Iranian Oil Minister Bijan Namdar Zanganeh said that Iran will not give up its quota in the international oil market. He noted that the market is oversupplied, but Iran "will not overlook its …
