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Iran oil output up in July
Iran crude oil production in July recorded a growth along with most other OPEC producers as the 14-nation group continues efforts to check global oil prices.
Oil falls for third day as doubts over OPEC cuts linger
Crude futures fell for a third day on Wednesday despite a bigger than expected fall in US oil inventories reported by an industry group, with doubts lingering over the Organization of the Petroleum Exporting Countries’ ability to restrain supply as promised.
OPEC grapples with growing threats to oil deal
The Organization of the Petroleum Exporting Countries (OPEC) is worried that its plan to drain a global oil glut — and thereby raise crude prices — isn’t working.
OPEC oil production rises in May
Oil production by member states of the Organization of Petroleum Countries (OPEC) jumped in May, despite the exporter group agreeing last month to extend its six-month deal to cap output into 2018.
Oil price decline after OPEC output cut extension an 'overreaction': Analyst
On Thursday, OPEC announced it would extend cuts in oil output by nine months to March 2018, after November's landmark deal failed to clear a global supply overhang.
OPEC agrees to extend key oil output cut deal
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend until March 2018 an oil output cut deal that was sealed last year to help shore up prices.
Iran not expecting OPEC call to cut output: Zanganeh
Iran's Oil Minister Bijan Namdar Zanganeh does not expect the Organization of Petroleum Exporting Countries (OPEC) to call on the Islamic Republic to reduce its oil production when it meets to discuss extending an oil output deal on Thursday.
Zanganeh to attend OPEC meeting in Vienna
Iran's Oil Minister Bijan Namdar Zanganeh will attend the 172nd meeting of members of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
Oil producers to extend output curbs at OPEC meeting
Oil producers inside and outside the Organization of the Petroleum Exporting Countries (OPEC) group have little choice but to extend their deal from late 2016 curbing output when they meet in Vienna on Thursday, analysts said.
Saudi Arabia, Russia push for oil output cuts extension until March
Saudi Arabia and Russia, the world's two top oil producers, agreed on Monday on the need to extend oil output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices.
Iran will go along with OPEC decision on extending oil cuts: Zanganeh
Iran will go along with whatever decision OPEC makes at its meeting later this month on whether to extend oil production cuts beyond June, said Oil Minister Bijan Namdar Zanganeh.
Output cut signals from OPEC, non-OPEC states positive: Minister
Iran's Oil Minister Bijan Namdar Zanganeh said OPEC and non-OPEC countries had given positive signals for an extension of output cuts, which Tehran would also back.

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