EghtesadOnline: Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand.
EghtesadOnline: The Export Guarantee Fund of Iran is planning to open 21 offices in the provinces to help address exporters’ increasing demand for guarantees.
EghtesadOnline: Oil prices edged higher on Tuesday on positive news on vaccine trials, but are still within the narrow trading band of the past three weeks amid fears that new lockdowns could derail a recovery in demand.
EghtesadOnline: Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States.
EghtesadOnline: Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed the prospects of fuel demand recovery.
EghtesadOnline: Shares in Tehran closed trading week Wednesday with large-cap companies rallying in the absence of significant demand for small stocks.
EghtesadOnline: Exxon will postpone the start of expansion works at its Beaumont refinery in Texas because of still slow demand for fuels, Bloomberg reported, citing unnamed sources familiar with the situation.
EghtesadOnline: Ninety-five percent of food demand in Iran are met by domestic production, a board member of the House of Industry, Mine and Trade of Iran said.
EghttesadOnline: Close to 1,800 megawatts will be added to the national grid next month to help meet rising demand in summer, managing director of Iran's Thermal Power Plants Holding Company said.
EghtesadOnline: Tehran stocks extended weeks of consecutive rallies on Tuesday as demand remained high for shares of big listed companies.