Iran's Minister of Petroleum Bijan Namdar Zangeneh talks to journalists as he arrives at a hotel for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, in Vienna, Austria, Wednesday, Nov. 26, 2014. (AP Photo/Ronald Zak)/ VIENNA (AP) — OPEC oil ministers meeting in Vienna ...
An employee uses a walkie-talkie at an oil refinery operated by OAO Bashneft in Ufa, Russia. Russia’s government is considering joining OPEC production cuts next year to boost oil prices, Kommersant reported./ An employee uses a walkie-talkie at an oil refinery operated by OAO Bashneft in Ufa,.. ...
VIENNA (AP) — Top OPEC producer Saudi Arabia suggested Wednesday there is no need for the cartel to cut its output ceiling despite a plunge in prices that has poorer members of the organization hurting. Saudi Oil Minister Ali Naimi told reporters he expects the oil market to eventually ...
Iranian Oil Minister Bijan Zangeneh said on Wednesday he had an "excellent" meeting with Saudi Oil Minister Ali al-Naimi and that their positions were now "very close". "(There is) unity inside OPEC that we should monitor the market carefully and to react at the convenient time for managing the ...
The Lavan oil refinery quay on Lavan island off the south coast of Iran on May 16, 2004 (AFP Photo/Behrouz Mehri)/ Vienna (AFP) - A global glut of oil will rise further next year, Iran's oil minister said here Wednesday on the eve of OPEC's meeting to decide on whether to cut its output. "All ...
-The Organization of the Petroleum Exporting Countries should comply with its agreed production ceiling, the Iranian oil minister said Wednesday but Iran has no plans to cut its own production./ Speaking to reporters as he arrived for Thursday's OPEC meeting in Vienna to decide on output, Bijan ...
Iranian President Hassan Rouhani agreed to cooperate with Russia to support oil markets in a phone conversation with that country’s leader Vladimir Putin, according to Shana, the Iran oil ministry’s news service. Rouhani and Putin “agreed on necessary cooperation” to shore up crude prices during ...
Iran’s oil minister said his nation’s oil market position is close to that of Saudi Arabia with less than 24 hours to go until OPEC nations meet in Vienna to formulate a response to tumbling crude prices. “I met minister Naimi and we will continue our discussion,” , the Persian Gulf state’s oil ...
day attack in November 2008 left 166 dead./ Nov 26 (Reuters) - Iranian Oil Minister Bijan Zangeneh said on Wednesday some OPEC members, but not Iran itself, believed it was time to defend market share in the face of growing supplies from non-OPEC nations. He made the comments ahead of a meeting ...
Iran Has No Plan to Reduce Its Output and Instead Is Trying to Boost It, Says Bijan Zanganeh/ VIENNA—The Organization of the Petroleum Exporting Countries should comply with its agreed production ceiling, Iran’s oil minister said Wednesday but Iran has no plans to cut its own production. ...
NEW YORK (AP) — These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day./ The 12-member group's purpose is to coordinate how much oil is produced in order to keep prices high and stable and ...
NEW YORK (AP) — OPEC produces one-third of the world's oil and — in theory, at least — can affect global oil prices depending on how much oil it decides to sell. In reality, OPEC member countries have different, often conflicting priorities and don't adhere to the cartel's official targets for ...
By Maher Chmaytelli, Golnar Motevalli and Grant Smith/ Iran’s oil minister said his nation’s view on oil markets is close to that of Saudi Arabia, hours after the world’s biggest crude exporter signaled it may not favor output curbs in response to slumping prices. “We didn’t discuss only about ...
The plan aims to wind down the war after eight months of fighting/ For the leaders of both Hamas and Israel, ending the war in Gaza has become a deadly game of survival. The terms on which the war finally ends could largely determine their political future and their grip on power. For Hamas ...
TOKYO (AP) — Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging fraudulent testing at Japan’s top automaker involved the use of inadequate or outdated data in ...
Bradley Richards recalls how he woke up with blood pouring from his head - SWNS/ that led to the death of a British man believes he will have to change careers after suffering life-changing injuries. Bradley Richards, 29, was left with six fractures in his spine and neck and internal bleeding ...
Israeli forces have continued striking targets in Gaza even as the US and its allies push for both sides to accept a ceasefire proposal/ The US government has "every expectation" that Israel will accept a ceasefire proposal that would begin with a six-week cessation of hostilities in Gaza if ...
Minimizing taxes in retirement is an essential step many people overlook./ That’s the key concept for retirement savers specifically because IRAs and 401(k)s are only tax-deferred — not tax-free. “These funds have not yet been taxed, so you need a plan to minimize these taxes [so you] can keep ...
The two women and man, all aged in their 20s were caught in floods in the northern Friuli region/ Three young friends, including a couple, were filmed in a heartbreaking final embrace before they were swept away by flash floods in northern Italy. Patrizia Cormos, 20, her friend Bianca Doros, 23, ...
Google Finance. *Market caps as of May 30, 2024. Microsoft surged past Apple earlier this year to take the No. 1 spot based on market cap. The company's partnership with ChatGPT creator OpenAI has unquestionably been the primary factor behind Microsoft's remarkable rise. The tech giant has ...
Gvir (left) and Bezalel Smotrich reject the US-backed ceasefire deal/ Two far-right Israeli ministers have threatened to quit and collapse the governing coalition if Prime Minister Benjamin Netanyahu agrees to a Gaza ceasefire proposal unveiled by US President Joe Biden on Friday. Finance ...
A Nexstar video breaking down fast food chains that have seen the fastest-rising prices. SAN DIEGO (FOX 5/KUSI) — More than a dozen Rubio’s Coastal Grill locations across San Diego County abruptly closed this week, surprising both workers and customers./ In a statement sent to FOX 5/KUSI on ...
GARDI SUGDUB, Panama (AP) — On a tiny island off Panama’s Caribbean coast, about 300 families are packing their belongings in preparation for a dramatic change. Generations of Gunas who have grown up on Gardi Sugdub in a life dedicated to the sea and tourism will trade that next week for the ...