EghtesadOnline: Oil prices climbed on Monday, recouping some losses from the previous session as hopes that OPEC+ will hold current output curbs offset concerns over weaker fuel demand due to growing coronavirus infections and higher production in Libya.
EghtesadOnline: Iran traded 30.78 million tons of non-oil commodities worth $15.15 billion with the member states of Shanghai Cooperation Organization, namely China, India, Pakistan, Russia, Uzbekistan, Kazakhstan, Kyrgyzstan and Tajikistan, during the first seven months of the current Iranian year (March 20-Oct. 21).
EghtesadOnline: Tehran was ranked 102 in the Global Financial Centers Index (GFCI 28) report published by the website of Z/Yen from the United Kingdom and the China Development Institute from Shenzhen.
EghtesadOnline: In March 2020, Iran became the epicenter of the coronavirus pandemic outside China.
EghtesadOnline: Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well-supplied market.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner, China, hit $8.66 billion from January to July to register a 40.9% decline compared with the corresponding period of 2019.
EghtesadOnline: A cargo ship carrying 43 containers, including 942 tons of marble blocks, has been sent to China via the southeastern port of Chabahar for the first time, the head of Sistan-Baluchestan Ports and Maritime Organization said.
EghtesadOnline: Russia is planning to build a port on the Caspian Sea near the city of Lagan to increase trade in the region and beyond.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner, China, reached $7.23 billion during the first half of 2020 to register a 42% decline compared with the corresponding period of 2019.
EghtesadOnline: Iran’s commercial exchanges with its biggest trading partner China stood at $6.4 billion during the first five months of 2020 to register a 41.3% decline compared with the corresponding period of 2019.