IRAN'S OIL UNCHANGED

SHANA - Iranian Minister of Petroleum Bijan Zangeneh said that Iranian crude oil and exports had not been affected as a result of US's pulling out of the Joint Comprehensive Plan of Action (JCPOA).

Speaking to the Islamic Republic of Iran Broadcasting, the official said that U.S. President Donald Trump insulted OPEC by ordering it to increase production and reduce prices.

Trump on Wednesday accused the Organization of the Petroleum Exporting Countries of driving fuel prices higher, and urged Saudi Arabia to pump more if it wanted Washington to continue protecting it against its top rival Iran, reported Reuters.

"Mr. Trump sends every day a new message that creates uncertainty in the market," Mr. Zanganeh said, adding: "Trump's order to OPEC members to increase production is a great insult to those governments and nations, and destabilizes the market."

He further said that the pressure caused by Washington against Tehran had not changed the latter's crude oil production or exports so far.

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Earlier:

2018, July, 6, 11:50:00 ИРАН ЭКСПОРТИРОВАЛ 2,6 МБД НЕФТИ ИРНА - Иран в течение прошедшего месяца (июнь), экспортировал 2,6 миллиона баррелей нефти в день в страны Азии и Европы, начиная с 20 марта 2017 года. Экспорт включал 2,280 млн баррелей нефти в сутки и 330 тыс. баррелей конденсата в сутки в течение одномесячного периода.

2018, July, 6, 11:45:00 IRAN'S OIL IS IMPORTANT SHANA - Donald Trump's call on other countries to stop buying crude oil from Iran and putting European companies under pressure would be a kind of self-harm for the US leading to dramatic price hikes in the oil market, given Nigeria and Libya being crisis-stricken, Venezuela's crude oil output having plunged and Saudi Arabia's domestic consumption spike in summer, Iran's OPEC Governor says.

2018, July, 2, 12:05:00 IRANIAN OIL FOR INDIA PLATTS - India's oil ministry has instructed state-run refiners such as Indian OilCorp., Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. toscout for alternative sources to Iranian oil.

2018, June, 29, 10:45:00 U.S. - IRAN SANCTIONS FOREWER WSJ - Iran exports more than 2 million barrels a day of oil. President Donald Trump in May withdrew from a nuclear deal with Iran and reimposed sanctions that seek to force companies not to buy any Iranian oil.

2018, June, 27, 10:50:00 U.S. - IRAN SANCTIONS ARAB NEWS - The United States warned countries that they must stop buying Iranian oil before Nov. 4 or face a renewed round of American sanctions.

2018, June, 25, 12:25:00 IRAN EXECUTES AGREEMENT SHANA - The Iranian official, following the 174th ordinary meeting of the Organization of the Petroleum Exporting Countries (OPEC) said: As I said on the minute of my arrival in Vienna, we needed to fully comply with the output reduction agreement of the organization and nothing more.”

2018, June, 20, 13:05:00 IRAN - OPEC DECISION PLATTS - Iran will not accept any proposals for OPEC to raise its quotas, the country's oil minister said Tuesday, adding that even a 500,000 b/d increase "is not necessary." "Decisions in OPEC need unanimity," Bijan Zanganeh said on arrival in Vienna ahead of OPEC talks this week. "I don't think at this meeting we can reach an agreement."