Iran's Minister of Petroleum Bijan Namdar Zangeneh talks to journalists as he arrives at a hotel for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, in Vienna, Austria, Wednesday, Nov. 26, 2014. (AP Photo/Ronald Zak)/ VIENNA (AP) — OPEC oil ministers meeting in Vienna ...
An employee uses a walkie-talkie at an oil refinery operated by OAO Bashneft in Ufa, Russia. Russia’s government is considering joining OPEC production cuts next year to boost oil prices, Kommersant reported./ An employee uses a walkie-talkie at an oil refinery operated by OAO Bashneft in Ufa,.. ...
VIENNA (AP) — Top OPEC producer Saudi Arabia suggested Wednesday there is no need for the cartel to cut its output ceiling despite a plunge in prices that has poorer members of the organization hurting. Saudi Oil Minister Ali Naimi told reporters he expects the oil market to eventually ...
Iranian Oil Minister Bijan Zangeneh said on Wednesday he had an "excellent" meeting with Saudi Oil Minister Ali al-Naimi and that their positions were now "very close". "(There is) unity inside OPEC that we should monitor the market carefully and to react at the convenient time for managing the ...
The Lavan oil refinery quay on Lavan island off the south coast of Iran on May 16, 2004 (AFP Photo/Behrouz Mehri)/ Vienna (AFP) - A global glut of oil will rise further next year, Iran's oil minister said here Wednesday on the eve of OPEC's meeting to decide on whether to cut its output. "All ...
-The Organization of the Petroleum Exporting Countries should comply with its agreed production ceiling, the Iranian oil minister said Wednesday but Iran has no plans to cut its own production./ Speaking to reporters as he arrived for Thursday's OPEC meeting in Vienna to decide on output, Bijan ...
Iranian President Hassan Rouhani agreed to cooperate with Russia to support oil markets in a phone conversation with that country’s leader Vladimir Putin, according to Shana, the Iran oil ministry’s news service. Rouhani and Putin “agreed on necessary cooperation” to shore up crude prices during ...
Iran’s oil minister said his nation’s oil market position is close to that of Saudi Arabia with less than 24 hours to go until OPEC nations meet in Vienna to formulate a response to tumbling crude prices. “I met minister Naimi and we will continue our discussion,” , the Persian Gulf state’s oil ...
day attack in November 2008 left 166 dead./ Nov 26 (Reuters) - Iranian Oil Minister Bijan Zangeneh said on Wednesday some OPEC members, but not Iran itself, believed it was time to defend market share in the face of growing supplies from non-OPEC nations. He made the comments ahead of a meeting ...
Iran Has No Plan to Reduce Its Output and Instead Is Trying to Boost It, Says Bijan Zanganeh/ VIENNA—The Organization of the Petroleum Exporting Countries should comply with its agreed production ceiling, Iran’s oil minister said Wednesday but Iran has no plans to cut its own production. ...
NEW YORK (AP) — These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day./ The 12-member group's purpose is to coordinate how much oil is produced in order to keep prices high and stable and ...
NEW YORK (AP) — OPEC produces one-third of the world's oil and — in theory, at least — can affect global oil prices depending on how much oil it decides to sell. In reality, OPEC member countries have different, often conflicting priorities and don't adhere to the cartel's official targets for ...
By Maher Chmaytelli, Golnar Motevalli and Grant Smith/ Iran’s oil minister said his nation’s view on oil markets is close to that of Saudi Arabia, hours after the world’s biggest crude exporter signaled it may not favor output curbs in response to slumping prices. “We didn’t discuss only about ...
The EU has agreed to expand sanctions on Iranian producers of drones and missiles following Tehran's unprecedented attack on Israel./ "It's very important to do everything to isolate Iran," European Council President Charles Michel said./ The bloc already has multiple sanctions in place against ...
a subpoena as she arrived for an event at a bar in Brooklyn last month, but the porn actor, who is expected to be a witness at the A process server working for Trump's lawyers said he approached Daniels with papers demanding information related to a documentary recently released about her life ...
Tourists stranded in Dubai's major airports say they are "desperate for food" and are running low on water as floods cause disruption and chaos in one of the world's busiest transport hubs./ Passengers who have spoken to the BBC say they have been waiting for hours at Dubai's two major ...
Uber is helping investigators look into an account that sent a driver to the Ohio home where an 81-year-old man allegedly shot the woman to death because he erroneously believed she was part of a scam that targeted him, the ride-hailing company said Wednesday. The March 25 shooting death of ...
Hugh Grant arrives at the premiere of "Wonka" on Dec. 10, 2023, at Regency Village Theatre in Westwood, Calif. Hugh Grant says he received “an enormous sum of money” to settle a lawsuit accusing the publisher of The Sun tabloid of unlawfully tapping his phone, bugging his car and breaking into ...
Iran's brazen attack directly targeting Israel on Saturday means that the one thing President Biden most feared and desperately sought to avert in the wake of the 7 October Hamas attack has happened - an escalation of the conflict to the wider region./ For the US president, the tightrope he was ...
Police have released a grainy image taken from surveillance footage of a man believed to be responsible for a violent sexual assault on a woman who was sitting in her car outside of a restaurant in Pasadena on Saturday. The terrifying ordeal unfolded at around 8:40 p.m. on Sierra Madre Villa ...
Florida Gov. Ron DeSantis answers questions from the media, March 7, 2023, at the state Capitol in Tallahassee, Fla. DeSantis admits the book challenge law he enacted two years ago is causing problems for school districts. He signed a bill Tuesday, April 16, 2024, that adjusts the law that made ...
The Shah of Iran with his third wife, Empress Farah Diba, and their son Crown Prince Reza./ From 1941 to 1979, Iran was ruled by King Mohammad Reza Pahlavi, the Shah./ On February 11, 1979, the Islamic Revolution swept the country./ The government was replaced with an Islamic republic, which ...
It wasn't many days ago that Israel's Prime Minister Benjamin Netanyahu was under enormous pressure./ After seven aid workers from World Central Kitchen were killed by the Israeli army in Gaza on 1 April, US President Joe Biden seemed finally to lose patience with his troublesome ally./ On the ...