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Iran to veto any output proposal in OPEC: Official
General: Tehran will veto any proposal to be tabled by Russia and Saudi Arabia for more oil production, Iran's representative in the Organiz...
OPEC cautious on oil outlook despite end of global glut
General: OPEC said the oil market outlook in the second half of 2018 is highly uncertain even though the producer group’s figures show a glo...
OPEC, non-OPEC sticking to oil pact but may raise output if needed
General: other OPEC states and non-OPEC allies aim to stick to a global pact on cutting oil supplies until the end of 2018 but are ready to ...
OPEC: Iran oil production hit 3.8 million bpd in May
General: According to the Organization of the Petroleum Exporting Countries (OPEC) , Iran has produced 5,600 barrels per day (bpd) of crude ...
Iran to increase oil production by 460 million barrels in three years: oil minister
General: Iran is pursuing a plan to increase its oil output by 460 million barrels within three years, oil minister Bijan Zanganeh said, the...
Indian oil imports from Iran surge to highest since 2016
General: ndia’s oil imports from Iran surged to about 705,000 barrels per day (bpd) in May, their highest level since October 2016, accordin...
US withdrawal from JCPOA won’t force Iran out of oil market
General: The US decision to withdraw from the nuclear deal won’t have serious impact on Iran’s oil exports, Seyed Pirouz Moussavi, managing ...
Details of Iran’s oil export to Japan
General: Iran’s oil exports to Japan (including gas condensates) in February reached 5.04 million barrels, according to the official data.
Iran West Karoun 1st oil shipment sold to Spain
General: Tehran, June 6, IOTCO – Reuters quoted two informed sources as saying that Iran West Karoun first oil consignment was sold to Spain...
OPEC to hold 7th International Seminar in Vienna
General: The Organization of the Petroleum Exporting Countries (OPEC) will host the 7th OPEC International Seminar at the Imperial Hofburg P...
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