EghtesadOnline: Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
EghtesadOnline: Gold and currency prices fell in domestic market at the start of the week on Saturday as Tehran market began responding to de-escalation of political and military tensions in the region.
EghtesadOnline: Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a top Iranian military commander in Iraq.
EghtesadOnline: Bahar Azadi and Emami gold coin prices were higher 2% on Tuesday, extending their growth in the past few weeks.
EghtesadOnline: Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged US-China trade war and ongoing supply cuts from major oil producers.
EghtesadOnline: The Statistical Center of Iran has published its latest report on home and land prices, as well as rents, which indicates an all-out increase across urban areas during the second quarter of the current Iranian year (June 22-Sept. 22)—the summer season of the fiscal 2019-20.
EghtesadOnline: Tehran’s home prices keep on falling despite the rise in the number of deals in the month leading to Nov. 21 compared with the preceding month, the Planning and Housing Economy Office of the Ministry of Roads and Urban Development reported.
EghtesadOnline: Underprivileged provinces will receive bigger shares from the government’s fresh cash subsidy as compensation for the recent hike in gasoline prices, known as the Livelihood Assistance Program.
EghtesadOnline: Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products Distribution Company (NIOPDC) announced Tuesday.
EghtesadOnline: The Statistical Center of Iran has published its latest report on home and land prices in addition to rents, which indicates an overall increase across Tehran during the second quarter of the current Iranian year (June 22-Sept. 22), the summer season of the fiscal 2019-20.