Sources close to OPEC say the organization has agreed to extend oil supply cuts until March 2020.

Russia and Saudi Arabia have agreed to extend an agreement on cutting their respective oil outputs to prevent crude prices from slumping further.

This edition of The Debate is about a recent OPEC agreement to cut oil production.

Russian Energy Minister Alexander Novak says freezing oil production by major crude producer countries will help reduce global market glut.

China’s energy giant, CNOOC, cuts its 2016 output for the first time in over a decade amid growing fears about China’s economic health.

Iran is wooing foreign investors to attract billions of dollars in gas infrastructure as global trade in gas products is expanding rapidly.

A senior energy official says Iran is prepared for the “worst scenario” as oil prices continue the downward spiral amid global supply glut.

Iran produces about 70 billion cubic meters of natural gas in the first five months of the current Iranian calendar year.

Iran has reported a surprise rise in its crude oil production capacity.

Iran will open a new gold mine with a capacity to produce 2 metric tons per year of the precious metal in its western Kurdestan province, Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh says.