OPEC meeting


  • Zanganeh 2021-03-05 12:03

    Oil market is currently stable, Zanganeh says

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has expressed satisfaction with the outcomes of the 14th OPEC and non-OPEC Ministerial Meeting held on Thursday via video conference and said the oil market is currently stable.

  • Zanganeh 2020-12-04 13:11

    Zanganeh praises OPEC+ decision, calling it wise

    TEHRAN – OPEC+ agreed to ease its oil-output cuts from 7.7 million barrels per day (bpd) to 7.2 million bpd in January 2021, down 500,000 bpd, Iranian Oil Minister Bijan Namdar Zanganeh said, adding it was a wise decision.

  • Zanganeh 2020-04-10 15:52

    OPEC, allies reach primary agreement to balance oil market

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said on Friday that the Organization of the Petroleum Exporting Countries (OPEC) and its allies have reached an agreement for cutting their oil output by at least 10 million barrels per day (bpd) in the upcoming months of May and June, Shana reported.

  • Zanganeh 2020-03-06 07:43

    Oil market reeling from supply glut: Zanganeh

    TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh says there is an oversupply in the crude oil market, saying OPEC and non-OPEC producers need to discuss how to ensure market balance.

  • OPEC 2019-12-01 17:01

    BY: Ebrahim Fallahi

    Clash of titans: Is OPEC+ deal nearing its end?

    TEHRAN – Only a few days is left before the unveiling of a big decision which will mostly determine the future of oil market in the upcoming year.

  • Zanganeh 2019-06-07 21:01

    Iran opposes moving OPEC’s next meeting to July: Zanganeh

    TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh, in a letter seen by Reuters, said he disagreed with an OPEC proposal to reschedule the meeting to early July.

  • OPEC 2018-06-22 19:39

    Zanganeh: OPEC decision based on 2016 output reduction agreement

    OPEC output gain ‘nominal’

    OPEC agreed on Friday to raise oil production by around 1 million barrels per day (bpd) from July for the group and its allies, an OPEC source said.