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Tuesday November 24, 2009
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OPEC Iran News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC Iran News

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  • Oil rises on Iran Worries, Dollar Weakness 24 Nov 2009 05:33 GMT
    ... Oil rises on Iran Worries, Dollar Weakness 11/23/2009 by Moming Zhou ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...

  • Crude futures rise above $78 on Iran worries 23 Nov 2009 11:52 GMT
    ... above $78 a barrel on Monday, as Iran started five days of large-scale war games, ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... over supply disruptions are overdone," saying that OPEC members have spare daily production capacity currently ...

  • Iran gained $5 billion on shift from U.S. dollar: state TV 23 Nov 2009 12:16 GMT
    ... television reported on Monday, citing Since 2007, Iran has received 85 percent of its oil ... a "worthless piece of paper." of the Organization of the Petroleum Exporting Countries (OPEC), Iran suggested oil should be priced in ...

  • Crude rises on weaker dollar, Iran concerns 23 Nov 2009 14:06 GMT
    ... for the first session in three, as Iran started five days of large-scale war games, ... support oil prices." A member of the Organization of the Petroleum Exporting Countries, Iran is the No. 4 exporter of ... that "concerns over supply disruptions are overdone." OPEC members have spare daily production capacity currently ...

  • Iran, Kuwait Pledge Cooperation During Rare PM Visit 21 Nov 2009 18:22 GMT
    ... Iran, Kuwait Pledge Cooperation During Rare PM Visit ... Muslim country, are both members of the Organization of the Petroleum Exporting Countries (OPEC). But Gulf Arab states are concerned about ...

  • Iran to Add 14 mln Liters of Gasoline to Daily Output: Minister 17 Nov 2009 17:15 GMT
    ... Iran's oil minister said Tuesday that his country ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ...

  • Iran to add 14 mln liters of gasoline to daily output 18 Nov 2009 03:15 GMT
    ... Iran's oil minister said Tuesday that his country ... nuclear activities. However, Iran's governor of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad-Ali Khatibi downplayed the threat. "The rainy ...

  • Oil Scene: Uncertainty haunts the energy world 22 Nov 2009 00:53 GMT
    ... while projecting their long-term incomes and expenses. OPEC (Organization of the Petroleum Exporting Countries) oil producers could lose $4 trillion in ... possibility of a strike by Israel on Iran could result in the choking of the ...

  • The bulls & bears behind oil 19 Nov 2009 00:15 GMT
    ... in the market. Major forecasters, including the Organization of the Petroleum Exporting Countries, the International Energy Agency and the U.S. ... use triggered by financial crisis. Demand for OPEC crude is expected to stay low. Weak ... nuclear program and threats of U.S. sanctions. Iran has always said its nuclear ambitions are ...

  • Oil rises 1% 23 Nov 2009 11:52 GMT
    ... towards $1.50 against the euro. Analysts said Iran's large-scale air defense war games on Sunday ... would also probably be capped by the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up ...

  • Oil rises more than 1% on weaker greenback 23 Nov 2009 12:35 GMT
    ... towards $US1.50 against the euro. Analysts said Iran's large-scale air defence war games on Sunday ... would also probably be capped by the Organization of the Petroleum Exporting Countries (OPEC), which has indicated that any quick run-up ...

  • Ecuador to turn to Iran, China for 2010 financing 19 Nov 2009 00:53 GMT
    ... QUITO, Nov 18 - Ecuador will turn to China, Russia and fellow OPEC member Iran for financing needed to meet $4.1 billion in expected borrowing next year, Finance Minister Elsa Viteri said on Wednesday. "Ecuador has ...

  • Saudi oil pressure could curb Iran 16 Nov 2009 15:33 GMT
    ... arms ammunition, and grenades bound for the Iranian-backed Hezbollah terrorist organization. Armenian Energy Minister Armen Movsisian says that despite ... community. As the de facto leader of OPEC, Riyadh is unlikely to pick a fight ...

  • 'Non-OPEC output negatively influencing oil prices' 23 Nov 2009 03:30 GMT
    ... The Iranian oil minister says the increase in crude production by non-OPEC countries has had an adverse impact on oil prices, reprorted. "Although OPEC has lowered ...

  • Non-OPEC output rise reason for price fall: Iran 22 Nov 2009 13:15 GMT
    ... TEHERAN - Iran’s oil Minister said on Sunday that the increase of crude production by non-OPEC countries has had an adverse impact on oil prices, the official IRNA news agency ...


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