February 2016
Iran Once Again Rejects Doha Agreement to Maintain Oil Production Levels
Iran has rejected the Doha agreement aimed at stabilizing oil production levels among major oil producers, asserting its right to increase production despite global price…
Impact of Agreement Among Four Major Oil-Exporting Countries on Oil Prices
The oil ministers of Saudi Arabia, Qatar, Russia, and Venezuela reached an agreement to address the oversupply of crude oil and increase prices, while Iran…
Iran Offers Greater Discounts on Oil to Asian Customers in Competition with Saudi Arabia
Iran is increasing its oil discounts to Asian buyers, surpassing Saudi Arabia's offers, in an effort to regain market share after sanctions. This marks a…
Zangeneh: We are open to negotiations with OPEC members including Saudi Arabia
Iran's oil minister has expressed readiness to negotiate with OPEC members, including Saudi Arabia, amid falling oil prices and escalating tensions between the two countries.…
International Energy Agency: Increase in Iran's Oil Production Concurrent with Implementation of JCPOA
The International Energy Agency reports that Iran has increased its oil production by 80,000 barrels per day to 2.99 million barrels since the implementation of…