Asia Top News and Analysis Iran

  • Will OPEC's haves and have-nots reach an agreement? Not likely: Expert

    It's clear Russia has intentions of increasing production in a significant way, says Tom Petrie, Petrie Partners chairman, sharing insight to this week's meeting of OPEC leaders.

  • *Algeria minister says won't come out of meeting "empty-handed". LONDON, Sept 26- Oil rallied on Monday as the world's largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility to its highest since exporters met in April. Members of the Organization of the Petroleum Exporting Countries are meeting...

  • *Algeria minister says won't come out of meeting "empty-handed". LONDON, Sept 26- Oil held steady on Monday, as the world's largest producers gathered in Algeria to discuss ways to support the market, although skepticism about any deal being reached has prompted money managers to cut their bullish bets to a one-month low. Members of the Organization of the...

  • The move is aimed at helping to boost Iran's sanctions-damaged economy. The credit limits and fee percentages will be fixed by Iran's Central Bank, although individual banks will be responsible for determining if a customer qualifies to receive a card. The move comes following last summer's landmark nuclear deal that brought the lifting of international...

  • No chance of agreement at OPEC meeting: Analyst

    Emma Richards, senior oil and gas analyst at BMI Research, says that relations between Iran and Saudi Arabia are so poor that no supply agreement will be reached at this week's oil producer meeting in Algiers.

  • Will Saudi Arabia declare mission accomplished at OPEC meeting?

    CNBC's Hadley Gamble discusses the latest from this week's OPEC meeting in Algiers.

  • *Algeria minister says won't come out of meeting "empty-handed". SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on...

  • OPEC Meeting

    S&P Global Platts's Sarah Cottle outlines the various steps in the process of OPEC members actually formalizing a output freeze agreement.

  • Students acting as 'stand-ins' for Democratic presidential candidate Hillary Clinton and Republican presidential candidate Donald Trump take part in a rehearsal for the first U.S. presidential debate at Hofstra University on September 25, 2016 in Hempstead, New York.

    In this week's Trader Poll, tell us how the U.S. Presidential debate, OPEC meeting and nonfarm payroll will affect your trading strategy.

  • * "We won't come out of meeting empty-handed"- Algeria minister. SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on the...

  • OPEC Deal

    Iran's refusal to freeze output and the current economic fundamentals will keep OPEC members from agreeing on any action, says OCBC Bank's Barnabas Gan.

  • SINGAPORE, Sept 26- Crude prices rebounded on Monday after Algeria's energy minister said the day before that all options were possible for an oil output cut or freeze at this week's informal meeting of OPEC producers. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum in Algeria from...

  • Sept 25- Iran introduced credit cards for the first time on Sunday, the Iranian Students' News Agency reported. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions. Valiollah Seif, the head of the central bank...

  • Sept 25- Iran introduced credit cards for the first time on Sunday, the Iranian Students' News Agency reported. Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions. Valiollah Seif, the head of the central bank...

  • TEHRAN, Iran— Iran's state TV is saying the country has started its first web-based national general census. This is the first time that Iran is using the internet to gather data for the census it conducts every five years. Iran's statistics center expects one third of the country's nearly 23 million households to choose the web-based service.

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters, as Riyadh tries to strike an elusive OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join.

  • Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. The offer, yet to be accepted or rejected by Tehran, was made this month, the sources told Reuters ahead of three-day talks in Algeria beginning Monday...

  • WASHINGTON, Sept 23- Senior Republican U.S. House of Representatives lawmakers made clear on Friday they will keep campaigning against Boeing and Airbus jetliner sales to Iran, despite the Treasury Department's announcement that it had begun issuing licenses for the exports. Republican Representatives Pete Roskam and Jeb Hensarling wrote to Treasury's...

  • Crude oil refining in Russia

    A touted oil production freeze by Saudi Arabia might not be enough to boost crude prices, even if it goes ahead, the Russian finance minister told CNBC.

  • DUBAI/ LONDON, Sept 23- Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply and boost prices. OPEC holds an informal meeting next week in Algiers, which non-OPEC Russia will also join. Riyadh is ready to cut output to levels...