Falling Oil Price - Press Shia Agency

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Algeria appreciates Iran’s efforts against terrorism

Algeria appreciates Iran’s efforts against terrorism

TEHRAN, Mar. 28 (Press Shia) – Algerian Senate Speaker, while noting that earlier agreements have deepened bilateral ties, praised Tehran’s efforts in the fight against terrorism in Iraq and Syria.Speaker of Algerian Council of the Nation Abdelkader Bensalah made the remarks on Monday evening at a meeting with Iran’s Minister of Culture Seyed Reza Salehi Amiri who is visiting the North...

Tehran, Caracas determined to stabilize oil market

Tehran, Caracas determined to stabilize oil market

TEHRAN, Dec. 09 (Press Shia Agency) – President Hassan Rouhani of Iran spoke by phone on Thursday with President Nicolás Maduro of Venezuela to coordinate the measures for shoring up the oil price in the global market.“All oil producer states in the first step should attempt to well materialize and put into action the agreements made in the first six months of the next year and hence the...

Saudi Arabia OPEC spoiler by reneging on vows

Saudi Arabia OPEC spoiler by reneging on vows

TEHRAN, Nov. 27 (Press Shia Agency) – On the eve of OPEC Meeting, Saudi Arabia has officially declared a war on oil prices by releasing a tactical letter as well as applying pressure on certain OPEC members.On the verge of the 171st Ordinary OPEC Meeting to convene on November 30 in Vienna of Austria and at a time when the world's major producers and exporters of crude oil are preparing...

Iran backs efforts for stability in oil market

Iran backs efforts for stability in oil market

TEHRAN, Oct. 23 (Press Shia Agency) – Iran backs any effort aimed at bringing stability, fair prices and producers’ fair share to the oil market, Iranian President Rouhani said in a Sat. meeting with his Venezuelan counterpart Nicolás Maduro.Iranian President Hassan Rouhani made the remark in a meeting with his Venezuelan counterpart Nicolás Maduro in Tehran on Saturday evening, and...

Naïve to assume US as ‘insurmountable’

Naïve to assume US as ‘insurmountable’

TEHRAN, Oct. 22 (Press Shia) – Leader of the Islamic Revolution has said oil has provided major powers with effective arms to impose upon the ‘independent states’ their own dictated policies.On Saturday, President Nicolas Maduro arrived in Tehran in the evening local time after departing Baku, Republic of Azerbaijan where earlier he had discussed further oil policies with country’s...

Rouhani, Maduro discuss oil prices ahead of Nov.'s OPEC meeting

Rouhani, Maduro discuss oil prices ahead of Nov.'s OPEC meeting

TEHRAN, Oct. 04 (Press Shia Agency) – In a telephone conversation on Mon., Pres. Rouhani and Venezuelan Pres. Nicolás Maduro called for expert decisions that would be effective on raising oil prices in November’s OPEC reunion.Iranian President Hassan Rouhani in a telephone conversation with Venezuelan President Nicolás Maduro on Monday evening, congratulated him for the successful...

Country run smoothly even with oil prices tumbling

Country run smoothly even with oil prices tumbling

TEHRAN, Sep. 28 (Press Shia) – Iran’s Hassan Rouhani is in Qazvin and has addressed the crowed welcoming him on Wednesday.President Rouhani told the public that his government had run the country smoothly without serious trouble in a condition where oil prices tumbled and budget deficits pressed the cabinet. He called for general unity and coordination in the country should the system seek to...

Winners and losers of cheap oil ahead of OPEC summit

Winners and losers of cheap oil ahead of OPEC summit

TEHRAN, Sep. 25 (Press Shia) – The upcoming meeting of OPEC ministers in Algeria in late September has given rise to a great deal of speculation on possible beneficiaries and losers of a freeze deal.Numerous factors exert slight or major effects on oil prices ranging all the way from an official handshake between petroleum ministers of two oil-producing states to supply and demand conditions of...