EghtesadOnline: Oil futures clawed back some of the losses they sustained in the previous session, but a rebound in Covid-19 cases in some countries undermined hopes for a steady recovery in global demand.
EghtesadOnline: Surging US oil output will outpace sluggish global demand and lead to a large stocks buildup around the world in the next nine months, the International Energy Agency said on Friday.
EghtesadOnline: Iran supplies 90% of global rosewater demand and accounts for 8-10% of rose essence production in the world, the executive manager of the National Medicinal Plants Project of the Agriculture Ministry said.
EghtesadOnline: Asian shares held within one-year peaks on Thursday as Chinese trade data topped forecasts and imports recorded their first annual rise since late 2014, a promising sign for global demand that gave the Australia dollar a lift.
EghtesadOnline: Asia's factories showed few signs of returning to health in August, as torpid activity in the region's biggest economies, China and Japan, suggested world demand remained fitful at best even as global policymakers scrambled to restore momentum.
EghtesadOnline: China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain's decision to leave the European Union.