The Trump administration has been making empty calls for talks in what Iran describes as mere political propaganda.
Read More »OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
Read More »Iran’s Foreign Debt Shrinks Despite US Sanctions
The Central Bank of Iran (CBI) announced that the debt the country owes to foreign creditors has decreased by 7 percent in the past two months. despite all economic pressures and sanctions of Washington against Tehran.
Read More »Volume of Exports from Markazi Province Up by 14%
More than 728.000 tons of non-oil commodities have been exported from the central Iranian province of Markazi in the first 5 months of the current local calendar year. which shows a 14% rise in comparison with corresponding period in last year.
Read More »Oil Prices Falls after New Round of Tariffs in U.S.-China Trade War
The trade and tariff overhang is inescapable for oil markets.
Read More »OPEC Posts First 2019 Oil Output Rise despite Saudi Cuts
The biggest supply boost of 80.000 bpd came from Nigeria. Africa’s largest exporter.
Read More »Iran Boasts Stable Economy Year after US Sanctions
Governor of Iran’s Central Bank aid that Tehran’s policies have fruited result and the country is now enjoying a stable economy 16 months after US President unilaterally withdrew Washington from the nuclear deal and later imposed tough sanctions against.
Read More »Iran Central Bank to Adopt Open Market Policies within Weeks
Governor of Iran’s Central Bank (CBI) Abdolnaser Hemmati said that the CBI will start implementing its first round of open market operation (OMO) policies by the end of the current month.
Read More »Iran’s Rial Wining Value against US Dollar Year after Trump’s Sanctions
Iran’s national currency of rial is regaining value against the US dollar as other economic indicators of the country are showing revival a year after US President Donald Trump imposed unilateral sanctions against Tehran.
Read More »Iran Capable to Restore Oil Output in 3 Days
Despite the US sanctions. many countries. including China. still continue oil imports from Iran.
Read More »