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Oil Price

Iranpress: Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Zanganeh says gradual increase in OPEC Plus oil production is a wise decision

Friday, 04 December 2020 00:13

Tehran (IP) - Iranian Oil Minister said that given the uncertainty of the oil market, the decision to gradually increase OPEC Plus oil production is a wise decision.

Iranpress: Oil falls further after Trump’s positive test for COVID-19

Oil falls further after Trump’s positive test for COVID-19

Friday, 02 October 2020 10:52

Oil prices extended losses to more than 3% on Friday after U.S. President Donald Trump said he has tested positive for the coronavirus, while a U.S. stimulus package eluded negotiators amid ongoing worries about demand.

Iranpress: South Pars, honor for Islamic Republic of Iran: Oil Minister

South Pars, honor for Islamic Republic of Iran: Oil Minister

Wednesday, 30 September 2020 13:03

Tehran (IP) - During the open session of today's parliament, Iranian Oil Minister Bijan Namdar Zanganeh stated that the South Pars gas field is an honor for the Islamic Republic of Iran.

Iranpress: Iran’s Oil Exports Jump in September defying US Sanctions

Iran’s Oil Exports Jump in September defying US Sanctions

Friday, 25 September 2020 20:36

Iranian oil exports have risen sharply in September in defiance of US sanctions, three assessments based on tankerTracking showed.

Iranpress: India stops oil purchases from China

India stops oil purchases from China

Friday, 28 August 2020 08:21

Indian refiners have stopped buying crude oil from Chinese sellers, according to a Reuters report that cited unnamed sources.

Iranpress: Iran

Iran's oil minister says petroleum export quadruples

Thursday, 20 August 2020 11:03

Tehran (IP) - Referring to the import of gasoline and gas oil in 2013, Iranian Oil Minister Bijan Zanganeh said: "Now, the export of Iranian petroleum products has quadrupled."

Iranpress: Oil sell or presale plan is suggested: Petroleum min.

Oil sell or presale plan is suggested: Petroleum min.

Monday, 17 August 2020 15:11

Tehran (IP) - Oil sell or presale plan has been suggested but it has not been finalized yet, the Minister of Petroleum Bijan Namdar Zanganeh said.

Iranpress: Selling oil domestically improves oil products: MP

Selling oil domestically improves oil products: MP

Sunday, 16 August 2020 16:52

Tehran (IP) – The spokesman for the Economic Commission of the Iranian parliament said selling oil domestically as a new mechanism to improve the economic situation of the country should boost the production of oil.

Iranpress: Focusing on indigenous abilities in South Azadegan oilfield is priority: Minister

Focusing on indigenous abilities in South Azadegan oilfield is priority: Minister

Monday, 20 July 2020 13:26

Tehran (IP) - Developing South Azadegan oilfield is run by the knowledge and potential of Iranian specialists, the Minister of Petroleum Bijan Namdar Zangeneh said.

Iranpress: Iran

Iran's Economic Council to allocate $6 billion for oil projects

Saturday, 11 July 2020 15:52

Tehran (IP) - The Iranian oil minister announced the $6 billion approval of the Economic Council to develop oil projects and said: "Since domestic oil resources are not enough to develop oil projects, these resources must be provided through the domestic capital market."

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