Iran nuclear talks extended by three days

Nuclear talks in Vienna have been extended by three more days amid disagreements between Russia and the west over lifting an arms embargo on Iran.

Oil markets soft as markets eye Greece, Iran uncertainty

NEW YORK (Reuters) - Brent futures were little changed on Friday while U.S. crude prices fell slightly as Greece's debt drama and Iran's bid to seal a nuclear deal by the month end led to uncertainties in oil markets.

Crude Oil Climbs as U.S. Payroll Data Boosts Economic Outlook

Oil increased in New York after a rebound in U.S. payrolls boosted optimism the economy is accelerating. Futures rose 0.8 percent after Labor Department data showed employment picked up in April, a sign companies are gaining confidence.

Why the US won't have OPEC to kick around in 2016

As candidates for the 2016 U.S. general election gear up for a White House run, one villain of recent campaign cycles will be conspicuously absent: the cartel known as OPEC.

Iran to push for Saudi oil output cut at OPEC: Mehr news agency

(Reuters) - Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna, Iran's semi-official Mehr news agency reported on Sunday citing a television interview with the country's oil minister.

Iranian nuclear R&D centre 'visited by UN inspectors'

UN inspectors have gained rare access to an Iranian nuclear facility, giving them a "better understanding" of Tehran's disputed programme, it has been reported.

Exclusive: Iran eases demands in Vienna nuclear talks - Western diplomats

VIENNA (Reuters) - Iran has reduced demands for the size of its future nuclear enrichment program in talks with world powers although Western governments are urging Tehran to compromise further, Western diplomats said on Thursday.

Iran petrol prices surge as subsidies cut

Iran has cut state subsidies on petrol in a move that saw prices rise at midnight by up to 75%. Reports said Iranians rushed to fill up their cars before the deadline.

INSIGHT-Nuclear deal heightens tension between Iran president and Guards

BEIRUT, Feb 9 (Reuters) - The article on Iran's semi-official Fars news agency appeared routine: the minister of roads and urban development said the ministry does not have a contract with construction firm Khatam al Anbia to complete a major highway heading north from Tehran.

Iran dismisses Barack Obama's claim that sanctions prompted nuclear talks

Iran has said comments in Barack Obama's State of the Union speech about how sanctions linked to its nuclear programme had forced Tehran to the negotiating table were "unrealistic and unconstructive".

Iran nuclear agreement will mean expanded role for IAEA

The Iran nuclear accord agreed in Geneva this weekend will rely heavily on the International Atomic Energy Agency to make it stick, requiring more inspectors to carry out many more visits.

World powers and Iran pause nuclear talks for Christmas

(Reuters) - Six world powers and Iran have suspended their expert-level talks on implementing a landmark nuclear deal until after Christmas, a spokeswoman for European Union foreign policy chief Catherine Ashton said on Sunday.

Pakistan wants Iran to finance gas pipeline: minister

Pakistan has asked Iran for $2 billion in financing to build its side of a controversial gas pipeline that has drawn threats of US sanctions, Islamabad's petroleum minister said Tuesday.

Iran to Boost Gas Exports in Efforts to Cut Oil Sales Reliance

Iran plans increase its natural gas exports as a way to diminish its reliance on crude sales, a senior Iranian Oil Ministry official said.

Brent Crude Trades Near Three-Day High Amid Iran Nuclear Talks

Brent crude futures traded near a three-day high after United Nations nuclear officials failed to reach a deal on inspections with Iran.

Japan's crude imports from Iran fall in April, sanctions bite

TOKYO: Japan's crude oil imports from Iran fell 26.1 per cent in April from a year earlier, as the world's third-largest oil consumer stares at a complete halt in imports from the OPEC member from July due to tightening Western sanctions.

Iran can make nuclear weapons - but won't, says top politician

Iran has the technological capability to produce nuclear weapons but will never do so, a prominent politician in the Islamic republic has said.

Global oil production trouble - it's not just Iran

NEW YORK (CNNMoney) -- All the attention may be on a loss of oil from Iran these days, but production outages in a variety of spots worldwide is causing about one million barrels of oil a day to sit on the sidelines, helping push oil and gas prices to near record highs.

Iran ready to create 'energy security'

Iranian Parliament (Majlis) Speaker Ali Larijani says Tehran is ready to cooperate with the West to create lasting global energy security based on “mutual respect” and “fairness.”


Speaking at an energy conference in the Iranian capital, Tehran, on Monday, Larijani said, “Should Western countries enter oil trade in a manner which benefits both the supplier and the customer, the Islamic republic will help create a lasting energy security.”

Iran calls for oil investments, asks West to cooperate on energy security

ccalled for investments in the country's oil industry on Monday and asked the West to be cooperative to create global energy security.

Iran's Oil Minister Masoud Mirkazemi on Monday urged domestic and international companies to invest in the country's oil industry.