Opec

Iran retains its position as OPEC's second-largest oil producer

Iran's daily oil production reached 2.441 million barrels in June, allowing the country to retain its position as the…

Why OPEC’s Oil Revenue Fell for the Third Consecutive Year

OPEC’s declining oil revenue in 2025 has once again impacted the global energy market. With over $45 billion in…

Iran Ranks 6th in the World in Terms of OPEC Income

Iran’s $45 billion income from oil sales in 2025 was announced in an OPEC report, a figure that indicates relative…

Abu Dhabi vs. Riyadh: UAE’s Oil Play Amid War

NOURNEWS – The United Arab Emirates’ withdrawal from OPEC, unfolding against the backdrop of the recent conflict and…

OPEC’s Free Fall: What’s Behind the Scenes?

NOURNEWS – The latest data indicates a significant drop in OPEC oil production in March 2026—a decrease of 7.9 million…

Iran pushing for more prominent role for gas exporting group

Iran says it is trying to elevate the position of the Gas Exporting Countries Forum (GECF) in international energy equa…

Iran's oil output increases by 12,000 bpd: OPEC

The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said that Iran's oil production…

Iran's heavy crude oil prices surge in January: OPEC

According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January,…

Iran’s oil output up nearly 13% in 2024: OPEC data

Latest data from the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s oil production rose…

President Pezeshkian: OPEC unity helps foil US sanctions threats

President Masoud Pezeshkian of Iran says members of the Organization of the Petroleum Exporting Countries (OPEC) need…