Posts Tagged: OPEC oil
Oil Prices Up $1 on OPEC Output Cut Talks, Iran Tension
Oil prices rose by around $1 on Tuesday as tension simmered following Iran's seizure of a South Korean vessel and as the OPEC+ group studied...
OPEC Tries to Depoliticize Oil, Barkindo Says in Tehran
OPEC tries to depoliticize oil, the producer group's secretary-general was quoted by the Iranian Oil Ministry as saying on Thursday, following accusations by Iran that...
Iran Welcomes OPEC Deal That Cuts Oil Production, Raises Prices
Iran’s President Hassan Rouhani on Thursday welcomed an OPEC deal that cut the oil cartel’s output to push up crude prices. Speaking in a provincial meeting,...
Saudi Arabia, Iran Pump Oil at High Levels as US Producers Cut Back
Saudi Arabia is pumping record amounts of oil, and Iran is resuming production faster than expected — a strong sign neither is likely to easily...
