• OPEC Secretary General Mohammed Sanusi Barkindo (L), Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman (C) and Russian Energy Minister Alexander Novak (R) attend an OPEC+ meeting in the UAE capital Abu Dhabi on September 12, 2019. (AFP photo) 2019-09-13 19:31

    OPEC+ considers possibility of U.S. easing Iran sanctions

    TEHRAN – Organization of the Petroleum Exporting Countries and its allies (known as OPEX+), In its latest committee meeting on Thursday, discussed reports that the United States might ease sanctions imposed on Iran’s oil sale and what impact they might have on future of the global supplies.

  • OPEC 2019-07-02 20:21

    176th OPEC meeting wraps up, Iran exempted from new cuts

    TEHRAN - The 176th meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) which was held in Vienna, Austria, came to conclusion on Monday, IRNA reported.

  • OPEC 2019-07-01 19:38

    BY: Ebrahim Fallahi

    INSTEX, OPEC meeting and oil market

    TEHRAN – In the past few days, oil traders around the world have been eyeing three major events closely in order to catch a glance at the direction in which the oil prices would be heading.

  • OPEC 2019-06-19 17:54

    OPEC, non-OPEC agree on holding next meeting on July 1-2

    TEHRAN - The Organization of the Petroleum Exporting Countries announced on its website that the organization has agreed to move its next meeting to July 1, followed by a meeting with non-OPEC allies on July 2.

  • Zanganeh 2019-06-09 20:19

    Iran doesn’t intend to leave OPEC despite tensions: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said the country doesn’t have any plans to leave OPEC despite the tensions that some fellow-members are creating in the organization, Shana reported on Saturday.