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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

Zangeneh: Iran to attend OPEC meeting in Algeria next month

EghtesadOnline: Oil Minister Bijan Zangeneh confirmed on Thursday that he will attend the upcoming meeting of the Organization of the Petroleum Exporting Countries (OEPC) in Algeria in late September.
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Publish Date:28/August/2016 | 11:37

OPEC Chief to Visit Iran Ahead of Sept. Meeting

EghtesadOnline: OPEC’s Secretary-General Mohammed Barkindo will visit members Iran and Qatar next month, just weeks before the group holds informal talks in Algeria, according to a person with direct knowledge of the matter.
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Publish Date:25/August/2016 | 15:47

Iran to attend upcoming OPEC meeting

EghtesadOnline: Iran has confirmed it will participate in the upcoming OPEC meeting in Algeria next month, Reuters reported with the reference to OPEC source.
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Publish Date:24/August/2016 | 10:24

Goldman Sees Possible OPEC Output Freeze as Self-Defeating

EghtesadOnline: OPEC and some producers from outside the group may agree to freeze output during informal talks next month, which could prove “self-defeating” because it would benefit other suppliers, according to Goldman Sachs Group Inc.
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Publish Date:23/August/2016 | 07:20