تیتر سه سرویس
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Iran holds 3rd place in OPEC oil output
SHANA (Tehran) – Iran’s crude oil production rose by 26,000 barrels per day in July 2026, reaching 2.478 million barrels per day and maintaining the country’s position as OPEC’s third-largest producer after Saudi Arabia and Iraq, according to the organization’s latest monthly oil market report.
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Seven OPEC+ nations trim output slightly, reaffirm commitment to market stability
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman are adjusting oil production and reaffirming their commitment to market stability.
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Sepehr-Jofeir oil field production set to hit 110,000 bpd by yearend
SHANA (Tehran) – Iran's Petroleum Engineering and Development Company (PEDEC) is targeting production of 110,000 barrels per day at the Sepehr-Jofeir oil field by the end of the current Iranian calendar year, the company's managing director said.
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Iran holds steady as OPEC's No. 2 oil producer
SHANA (Tehran) – Iran maintained its position as OPEC's second-largest oil producer in June, according to the organization's latest monthly report, with output rising to 2.441 million barrels per day (bpd).
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NIOC speeds up oilfield development, flare gas recovery
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized accelerating oil and gas field development, removing project bottlenecks, increasing production, and fast-tracking flare gas recovery projects as key strategic priorities for Iran’s oil industry.
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Seven OPEC+ members approve August production increase
SHANA (Tehran) - Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman have agreed to adjust their oil production while reaffirming their commitment to maintaining global oil market stability.
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Oil minister to hold energy talks With BRICS counterparts
SHANA (Tehran) – Iran’s oil minister will meet with energy officials from BRICS member countries during a visit to India for the 11th BRICS Energy Ministers’ Meeting, according to the head of public relations and spokesperson for the Oil Ministry.
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Oil exports poised for growth amid flexible strategies
SHANA (Tehran) – Oil Ministry said it is prepared to expand crude oil exports by leveraging a range of export mechanisms and opportunities created by the partial suspension of sanctions, while maintaining uninterrupted operations despite years of sanctions and recent military conflict.
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US Treasury issues waiver for Iranian crude exports
SHANA (Tehran) – The United States authorized the production, delivery and sale of Iranian oil for 60 days, implementing a key provision of a recent memorandum of understanding between Washington and Tehran aimed at advancing talks toward a final agreement.
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Reshadat field upgrade expected to add 35,000 bpd
SHANA (Tehran) – The head of the Iranian Offshore Oil Company (IOOC) said installation of the P4 processing platform at the Reshadat oil field will significantly increase Iran’s offshore oil production capacity in the Persian Gulf.
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NISOC to boost processing capacity, crude output
SHANA (Tehran) – Iran’s largest oil producer plans to increase its processing capacity and crude oil output by the end of the year as development projects continue despite wartime challenges, according to the chief executive of the National Iranian South Oilfields Company (NISOC).
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Iran heavy crude price jumps above $115 per barrel
SHANA (Tehran) – Iran’s heavy crude oil price rose by $10.24 in May 2026 from the previous month, reaching $115.39 per barrel, while total crude production by OPEC members declined by 177,000 barrels per day (bpd), according to OPEC’s latest monthly report.
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OPEC+ reaffirms cooperation, eyes 2027 targets
SHANA (Tehran) – The 41st OPEC and non-OPEC Ministerial Meeting reaffirmed the alliance's commitment to oil market stability, extending current crude production targets through the end of 2026, maintaining oversight by the Joint Ministerial Monitoring Committee and endorsing plans to strengthen long-term cooperation among participating countries under the Declaration of Cooperation and the Charter of Cooperation.
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OPEC+ advances gradual output increase
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability.
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The value of OPEC to its Member Countries
SHANA (Tehran) – The value of OPEC can be demonstrated in a range of historic and current benefits for Member Countries that have been seen throughout the Organization’s almost 66-year history. These can be summarized in six key points:
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Saudi Arabia, Iran lead OPEC oil production in April
SHANA (Tehran) – Saudi Arabia and Iran remained the top oil producers in the Organization of the Petroleum Exporting Countries in April 2026, according to OPEC’s latest monthly report.
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Seven OPEC+ states adjust production, reaffirm commitment to market stability
SHANA (Tehran) – The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on May 3, 2026, to review global market conditions and outlook.
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OPEC monthly oil output falls by nearly 8m barrels
SHANA (Tehran) – Daily crude oil production by member countries of the Organization of the Petroleum Exporting Countries (OPEC) dropped by 7.878 million barrels to 20.788 million barrels per day, according to the group’s latest report.
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65th meeting of JMMC held via videoconference
SHANA (Tehran) – The Joint Ministerial Monitoring Committee (JMMC), comprising Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Nigeria, Algeria and Venezuela held its 65th Meeting via videoconference on Sunday.
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OPEC+ states adjust production, reaffirm commitment to market stability
SHANA (Tehran) – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on April 5, 2026, to review global market conditions and outlook.
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Operational commitment of oil experts ensures production stability
SHANA (Tehran) - The CEO of the National Iranian South Oilfields Company said the expertise, technical knowledge and operational commitment of oil industry employees in confronting technical challenges ensure stability and continuity in ongoing production processes.
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OPEC oil tops $142, doubling since start of Ramadan War
SHANA (Tehran) - The price of OPEC’s oil basket climbed above $142 per barrel last week, marking more than a 100% increase since the start of the Ramadan War.
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Iran has no surplus crude for sale
SHANA (Tehran) - The Oil Ministry’s spokesperson said Iran currently has no surplus crude oil stored on the water or available for sale in international markets.
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OPEC Oil Basket jumps 71%, surges $50 amid Ramadan War escalation
SHANA (Tehran) - The price of OPEC’s oil basket (ORB) has surged more than 71%, reaching $120.86 per barrel amid heightened conflict during the imposed Ramadan War.
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Iran’s crude production rises by 34,000 bpd in February
SHANA (Tehran) - Daily oil production by members of the Organization of the Petroleum Exporting Countries increased by 164,000 barrels in February to 28.63 million barrels per day, according to the group’s latest monthly report.
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Will the oil market ignite if attacks on Iran continue?
SHANA (Tehran) – A former head of oil studies at the Organization of the Petroleum Exporting Countries says a prolonged closure of the Strait of Hormuz would inflict serious economic damage on oil-consuming nations, while potentially spurring new global investment in oil projects.
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Fate of black gold: All eyes on the Persian Gulf
SHANA (Tehran) – An energy market analyst said the oil market has been roiled by the US-Israeli attack on Iran, with all attention now focused on the Persian Gulf region and the Strait of Hormuz, through which 21 million barrels of oil and one-fifth of the world's liquefied petroleum gas pass daily.
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OPEC crude production falls by 135,000 barrels per day in January
SHANA (Tehran) – OPEC’s latest monthly report shows that crude oil production by the organization’s members declined by 135,000 barrels per day in January.
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Private sector drives shift in upstream oil investment
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has launched a new approach to upstream oil and gas investment centered on private-sector participation, a senior official said.
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Oil can help achieve SDG 7
SHANA (Tehran) –Globally, over 666 million people do not have access to electricity. If those without electricity were a country, they would be the third most populous on earth.