TEHRAN (FNA)- An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) in an initial attempt to halt a deep oil price slide.

TEHRAN (FNA)- Iran and Turkey have resolved problems on planned investment in the South Pars gas field and they may sign a production accord in November.

TEHRAN (FNA)- Members of the Organization of Petroleum Exporting Countries have decided to cut production by 1.5m barrels a day from November in a bid to stem a collapse in prices.