oil output freeze deal

  • Iran’s Oil Exports Surpass 2mb/d

    Iran’s Oil Exports Surpass 2mb/d

    Tuesday, 5th April 2016
    Iran's oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said. According to released data, Iran’s overall crude output now stands at 3.2mb/d, the highest level since May 2012.
  • Riyadh Sets Conditions for Oil Output Freeze Deal

    Riyadh Sets Conditions for Oil Output Freeze Deal

    Sunday, 3rd April 2016
    Saudi Arabia's Deputy Crown Prince Mohammed bin Salman, said that Riyadh will only freeze its oil output if Iran and other major producers do so, while challenging the country’s main regional rival to take an active role in stabilizing the over-supplied global crude market.
  • Iran Not to Join Oil Output Freeze Plan at Doha Summit

    Iran Not to Join Oil Output Freeze Plan at Doha Summit

    Sunday, 3rd April 2016
    Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on April 17th, yet without joining their proposal to freeze crude oil production.
  • OPEC Oil Output Records Rise in March

    OPEC Oil Output Records Rise in March

    Thursday, 31st March 2016
    OPEC oil output was rising in March as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers.
  • Iran Rejects Joining Oil Output Freeze

    Iran Rejects Joining Oil Output Freeze

    Wednesday, 24th February 2016
    Iranian Oil Minister, Bijan Zanganeh, said that Tehran would not restrain its oil output as part of a global pact to freeze production to prop prices, following a meeting with oil ministers from Qatar, Iraq, and Venezuela held in Tehran in mid February.