Sat, May 19, 2018
"Every new decision in OPEC needs unanimity... I believe that the help of the European Union helps us... the level of our oil exports will not change," Zanganeh told reporters after a meeting with EU`s energy chief Miguel Arias Canete.
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Wed, Nov 30, 2016
OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action.
Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.
Thu, Jun 02, 2016
Several OPEC sources said Saudi Arabia and its Gulf allies had tried to propose a new collective ceiling in an attempt to repair OPEC's waning importance and end a market-share battle that has sapped prices and cut investment.
"Everybody is very satisfied with the market. The market is rebalancing as we speak," said Khaled al-Falih, newly appointed by the kingdom's powerful and dynamic new crown prince.
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