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OPEC Fund approves $500,000 to help Iran fight Coronavirus
Apr 02, 2020 18:56Tehran (IP) - Iran announced the approval of a $500,000 financial aid by OPEC Fund for International Development (OFID) in the fight against Coronavirus.
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Iran announces readiness to receive cash, non-cash aid to counter Corona
Mar 13, 2020 17:45Tehran(IP) - The Ministry of Economy, due to the widespread prevalence of Coronavirus worldwide, has sent separate letters to development banks, announcing the necessary and urgent items announced readiness to receive cash and non-cash aid.
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Covid-19 hits markets, creating Black Monday
Mar 09, 2020 23:12Shares around the world are facing their worst day since the 2008 financial crisis with the dramatic falls leading to the day being dubbed 'Black Monday' due to the impact of coronavirus on the global economy.
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Saudi-Russian breakup could collapse oil prices
Mar 08, 2020 10:36An alliance between Saudi Arabia and Russia that has helped to prop up world oil prices for the past three years has collapsed, threatening to send the market into freefall.
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Iran's Zangeneh: Today's OPEC meeting, a worst in history
Mar 06, 2020 22:00Iran's oil minister called the joint OPEC and non-OPEC oil ministerial meeting the worst meeting in the organization's history ended on Friday, with no result.
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OPEC and non OPEC exporters fail to agree on supply cut
Mar 06, 2020 21:38OPEC and non-OPEC oil-exporting countries failed to agree on how much oil production to cut amid the coronavirus outbreak, with Russia reportedly refusing to give the green light to the deepest supply cuts since the global financial crisis.
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OPEC waiting for non-OPEC approval of historic output cuts
Mar 06, 2020 14:13Iranian Minister of Petroleum Bijan Zangeneh says OPEC has decided to wait for an agreement with non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.
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OPEC officials greet with their feet, avoiding hugs
Mar 05, 2020 08:49As the world battles a coronavirus outbreak, OPEC ministers attending the meeting in Vienna greet with their feet while avoiding hugs.
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Iran and OPEC discuss oil market
Feb 20, 2020 17:46Vienna (IP)- Iran's ambassador and permanent representative to Vienna-based international organizations met with OPEC secretary-general in Vienna to talk about developments in the oil market.
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Mass protests in Algeria to celebrate movement's first anniversary
Feb 15, 2020 09:01Thousands of Algerians have gathered in the capital Algiers to celebrate the movement's first anniversary, and to demand deep reforms.
