Opec

News for Opec

US to Allow Oil Exports for First Time in 40 Years

US to Allow Oil Exports for First Time in 40 Years

Now officially the world's largest producer, the United States will, for the first time since 1975, allow the export of “made in USA” oil.Moshe Cohen, 01/01/2015 08:20
Rouhani: Oil Price Drop is A 'Plot' Against Us

Rouhani: Oil Price Drop is A 'Plot' Against Us

The falling price of oil is an international plot by Western countries to denude the Islamic world of its greatest asset, Iran said.Yaakov Levi, 10/12/2014 21:28
Iran Chooses New Nuclear Chief Negotiator

Iran Chooses New Nuclear Chief Negotiator

President-elect Hassan Rohani has chosen a new nuclear negotiator to represent Iran at talks with the international community.Chana Ya'ar, 29/07/2013 14:08
Giant Blast at Venezuela's Largest Oil Refinery

Giant Blast at Venezuela's Largest Oil Refinery

Venezuela's largest oil refinery went up in flames Saturday, leaving 26 dead and some 80 people wounded, officials said.Chana Ya'ar, 25/08/2012 23:22
India Forced to Cancel Major Iranian Oil Deal

India Forced to Cancel Major Iranian Oil Deal

The sanctions noose continues to tighten as Iranian oil consumers find insurance for their oil shipments cut off in Europe.Gabe Kahn., 02/03/2012 13:31