برچسب مطالب ‘cartel’

Iran: Oil To Fall To $40 If OPEC Fails To Reach Deal

A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below most of the cartel members’ budget-balance points.

بیشتر »

Opec agrees to modest hike in oil supply after Iran softens stance

OPEC members have agreed on a combined increase in crude oil output of one million barrels per day, the oil minister of the cartel’s kingpin Saudi Arabia said Friday.

بیشتر »

Iran Could Add 100,000 Bpd In “Five Or Six Days”

Amid positive comments from OPEC on the global oil supply situation and indications that some members of the cartel are ready for a longer extension of the production cut deal, Iran’s Oil Minister Bijan Zanganeh has sparked uncertainty with his proclamation that Iran could raise its oil production in a matter of days should OPEC decide to scrap the deal at its meeting in June.

بیشتر »