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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 signalling it would support only a modest increase in supply.
Iran's oil minister calls on OPEC to resist Trump's calls to alter output policies
Persian Gulf producers did not agree on need for output increase: Sources
Iran's Oil Minister Bijan Zanganeh called on the Organization of the Petroleum Exporting Countries (OPEC) to resist calls from Washington to alter its output policies.
Iran says will veto output hike when OPEC meets
Iran will veto an anticipated proposal by Saudi Arabia and Russia to increase global oil production when major producers meet in Vienna on Wednesday, stressing that it will have Iraq and Venezuela by its side to block the move.
Oil slumps near $64 as OPEC clash looms and trade war escalates
Oil fell near $64 a barrel as Saudi Arabia and Russia prepared for a clash with allied crude producers over whether to lift output and as China and the US exchanged threats over trade.
Oil demand seen steady in 2019 but OPEC supply, trade risks loom: IEA
Oil demand will grow steadily in 2019 thanks to a solid global economy, but the world may face a large supply gap by late next year if OPEC cannot cover any supply shortfalls, the International Energy Agency said on Wednesday.
Trump slams high oil prices claims ‘OPEC is at it again’
US President Donald Trump says “oil prices are too high,” blaming the Organization of Petroleum Exporting Countries (OPEC) for the 60 percent rise of oil prices over the last year.
Nobody speaks for OPEC alone: Zanganeh
No single country speaks as the unified voice of OPEC as decisions must be made collectively, said Iran's oil minister.
OPEC: Iran oil production hit 3.8m bpd in May
Islamic Republic of Iran’s crude oil production hit 3.8 million barrels per day (bpd) in May, it was reported on Wednesday.
Oil holds losses as traders assess prospect of OPEC output boost
Oil held losses near $65 as the prospect of rising output in the US weighed on prices while investors continued to assess signs from OPEC on whether it would ease production curbs.
Iran slams US for seeking Saudi oil output hike, says OPEC won't comply
Iran criticized a US request that Saudi Arabia pump more oil to cover a drop in Iranian exports and predicted OPEC would not heed the appeal, setting the stage for a tough meeting of the producer group later this month.
Zanganeh calls on OPEC to back sanction-hit states
Iran is seeking the inclusion of a separate agenda in next OPEC ministerial meeting for supporting those members that are under illegal, unilateral sanctions.
OPEC, non-OPEC oil ministers to meet June 23
Ministers from OPEC and non-OPEC oil-producing countries plan to meet in Vienna on June 23, one day after talks among only OPEC ministers, a copy of the preliminary schedule seen by Reuters showed.
Oil tops $75, highest since 2014 OPEC cuts
Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production cuts, strong demand and the prospect of a US pullout from the Iran nuclear deal.
Trump should blame himself for oil price hike
On Friday night, US President Donald Trump, in a Twitter message, expressed discontentment with the recent rise in the value of petroleum and accused OPEC of manipulating international oil prices.
Oil's return to $74 a barrel lifts energy stocks
Oil prices hit their highest level since 2014 on Thursday, moving above $74 a barrel and lifting energy companies to the top of global stock indices.

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