OPEC edges closer to raising oil output, Iran's agreement is key
OPEC edged closer on Thursday toward raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable./ FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen ...
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OPEC strives for oil deal as Iran insists on modest rise in output
OPEC’s leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signaling it would support only a modest increase in supply./ FILE PHOTO: The logo of the Organization of the Petroleoum ...
OPEC strives for oil deal as Iran insists on modest rise in output
OPEC’s leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers to raise output from July to meet rising global demand, with Iran still signalling it would support only a modest increase in supply./ FILE PHOTO: The logo of the Organization of the Petroleoum ...
Iran: OPEC should stick to its production limits
Iran says that OPEC and other major oil producers should stick with an agreement that curbs output. Iranian oil minister Bijan Zanganeh said in an exclusive interview on Wednesday that previously agreed limits on production remain the best way to balance global oil supply, demand and prices./ ...
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OPEC edges closer to raising oil output, Iran's agreement is key
OPEC edged closer on Thursday towards raising oil output, with Iran softening its opposition to an increase and warning of supply shortages and price rallies if production remained stable. A production rise of about 1 million barrels per day (bpd) or around 1 per cent of global supply was ...
Iran signals compromise for modest rise in OPEC oil output
Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members on the need for a larger rise in production./ FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries ...
Iran rules out OPEC deal as Russia, Saudi push for oil output hike
VIENNA/MOSCOW (Reuters) - Iran said on Tuesday OPEC was unlikely to reach a deal on oil output this week, setting the stage for a clash with Saudi Arabia and Russia, which are pushing to raise production steeply from July to meet growing global demand./ Iran's Oil Minister Bijan Zanganeh arrives ...
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