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Oil market still faces uncertainties due to COVID-19, OPEC chief says
The oil market continues to face uncertainties stemming from the COVID-19 pandemic, OPEC Secretary General Mohammad Barkindo told reporters on the sidelines of an energy forum in Moscow.
Surging gas prices are ‘transition premium’ in push toward renewables: OPEC chief
Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo said.
OPEC cuts Q4 crude demand estimates on Delta variant uncertainty
OPEC cut its forecast for global fourth-quarter crude oil demand on the back of the rise in the prevalence of the Delta COVID-19 variant clouding the future demand picture.
OPEC+ could reconsider output increase, says Kuwaiti oil minister
Kuwait’s oil minister said on Sunday that the 400,000 barrel per day increase in oil output agreed by OPEC+ nations in previous gatherings might be reconsidered at its next meeting on Sept. 1.
Oil Minister Owji vows to consolidate Iran’s position in OPEC
Iran’s new Oil Minister Javad Owji said the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC).
Oil steadies near $71 after two-day rally
Oil prices steadied near $71 a barrel on Wednesday, taking a breather after a strong rally in recent days as Mexico was set to resume crude production following a major outage.
OPEC July oil output hits 15-month high as demand recovers, survey shows
OPEC oil output rose in July to its highest since April 2020, a Reuters survey found, as the group further eased production curbs under a pact with its allies and top exporter Saudi Arabia phased out a voluntary supply cut.
OPEC+ must not ignore Iran's oil return to global market: Oil minister
Iran’s Minister of Petroleum Bijan Namdar Zanganeh on Sunday said that OPEC+ cannot turn a blind eye to the return of the country’s oil production to global markets after the imposed sanctions are removed.
OPEC members concerned how Iran will return to oil market: Minister
Iran’s Oil Minister Bijan Namdar Zanganeh said that a number of members of the Organization of Petroleum Exporting Countries (OPEC) are concerned about how a return of Iranian supplies to the international markets would affect the prices.
OPEC oil output rises in June as demand recovers, survey shows
Iran’s exports up despite U.S. sanctions
Oil edges up as demand hopes overshadow rise of COVID-19 variant
Oil prices reversed earlier losses to stand slightly higher on Tuesday as broad hopes for a demand recovery persisted despite new outbreaks of the highly contagious Delta variant of the coronavirus prompting fresh mobility curbs worldwide.
Iran’s envoy, OPEC head discuss oil market
Iran’s permanent representative to the Vienna-based international organizations Kazem Gharibabadi held talks with Secretary-General of OPEC Mohammed Barkindo on Monday evening and discussed oil market and bilateral ties.
OPEC: Higher Iranian supply to cause no problem in oil market
Mohammad Barkindo, the secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said he did not expect higher Iranian supply to cause problems.
Iran's possible return to oil markets likely to dominate OPEC+
Iran's possible return to the global oil market is likely to dominate the gathering of OPEC+, the supergroup headed by Saudi Arabia and Russia that also includes Tehran.

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