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Four Scenarios for Oil Producers as They Seek to Boost Prices

EghtesadOnline: A meeting in Algiers at the end of September between OPEC and Russia -- which together pump more than half the world’s oil -- has raised expectations that a deal could be struck to boost prices.
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Publish Date:10/September/2016 | 09:48

OPEC Focus Moves From Freeze to Output Ceilings

EghtesadOnline: As OPEC officials shuttle between Tehran, Moscow and Paris in preparation for an informal meeting in Algiers, the focus of their efforts appears to be moving from a production freeze to voluntary output caps.
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Publish Date:10/September/2016 | 09:10

Iran Says Too Early to Discuss Oil Output Freeze at Algiers

EghtesadOnline: It will be too early for Iran to discuss freezing crude output when the world’s biggest producers meet later this month in Algiers, according to an official from the Persian Gulf nation’s state-oil company.
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Publish Date:08/September/2016 | 09:21

Iran rebukes Saudi Arabia ahead of OPEC meeting

EghtesadOnline: Iran said it is ready to help restore balance to the oil market but did not hold out much hope given that some producers are pumping crude at record levels.
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Publish Date:04/September/2016 | 10:19

Putin Pushes for Oil Freeze Deal With OPEC, Exemption for Iran

EghtesadOnline: Vladimir Putin said he’d like OPEC and Russia, producers of half of the world’s oil, to reach a deal to freeze supply and expects the dispute over Iran’s participation can be resolved.
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Publish Date:03/September/2016 | 11:15

OPEC Secretary-General due in Iran to talk oil freeze

EghtesadOnline: The secretary-general of Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, will pay an official visit to Tehran next week to convince Iran to join the oil output freeze plan.
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Publish Date:01/September/2016 | 09:55

Iran to Seek Investment Bids in October Under New Oil Contracts

EghtesadOnline: Iran will invite international oil companies to submit bids in October under the long-awaited new contract model for energy investors, as the OPEC producer seeks billions of dollars to boost output after years of international sanctions.
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Publish Date:30/August/2016 | 10:30

Oil prices rise as dollar comes off two-week high

EghtesadOnline: Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices.
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Publish Date:30/August/2016 | 07:30

Iraq Can Crush OPEC's Oil Freeze Believers

EghtesadOnline: When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part without Iran. This time both countries may be more accommodating; the stumbling block is more likely to be Iraq.
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Publish Date:29/August/2016 | 08:10

Iran’s Oil-Market Share Grab Seen Dimming Hopes for Freeze Talks

EghtesadOnline: Iran’s plan to keep boosting crude production until it regains its OPEC market share is dimming prospects of collective action by major producers to freeze output, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC.
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Publish Date:29/August/2016 | 07:50