Opec

Iran in the Global Oil Market: Challenges and Opportunities in the Face of Sanctions

Iran became one of the most important players in OPEC in 2024. According to official reports by OPEC, Iran achieved…

Iran sets official crude oil prices for January 2025

The National Iranian Oil Company (NIOC) announced on Sunday the official selling prices (OSPs) for its crude oil in…

Iran appoints new representative to OPEC

Iranian Oil Minister Mohsen Paknejad has appointed Ali Mohammad Mousavi as Iran’s representative to the Organization…

Iran, OPEC Fund agree for presence of Iranian investors

Iran’s Minister of Economic Affairs and Finance Abdolnasser Hemmati, announced that Iran and the OPEC Fund have agreed…

Iran economy min. meets with OPEC Fund chief

Iran’s Minister of Economic Affairs and Finance Abdolnasser Hemmati, who has traveled to Riyadh to participate ion…

OPEC reports slight increase in Iran oil output in September

Iran’s oil production continued to rise in September despite a global decline in output and restrictions imposed on…

OPEC chief hails progress in Iran’s oil sector amid sanctions

OPEC Secretary General Haitham Al Ghais has acknowledged that Iran made significant progress in its oil industry in…

Iran becomes 4th largest oil exporter in OPEC: Report

Iran has risen to become the fourth largest oil exporter within the Organization of the Petroleum Exporting Countries…

Iran lifts its rank in OPEC

Iran has overtaken Kuwait and Nigeria to be the fourth largest crude/condensate exporter of OPEC.

Iran oil output reaches 3.3 million bpd in April: IEA

The International Energy Agency (IEA) declared a 50,000 barrel per day jump in Iran’s daily oil production in the…