South Pars: Loading capacity of gas condensate to rise
According to an official with the South Pars development project, the installation of new tankers will increase gas condensate loading capacity of the field.
South Korea’s economy under pandemic attack
In the first quarter of this year, South Korea’s coronavirus-hit economy experienced its most severe contraction since 2008.
Brent Climbs amid New Tensions
The price of a barrel of Brent crude oil climbed by more than nine percent to $22.25 (ICE) on Thursday after the US renewed its hostility towards Iran.
TEDPIX climbs 14,267 points, hit 740,404
TEDPIX, the main index of Tehran Stock Exchange (TSE) 14,267 points to hit 740,404 on Wednesday (at 11:52 a.m. local time).
Rouhani: Oil Price Drop Harms Iran Less
Iran's economy would suffer fewer harms than other oil producers in the wake of the recent plunge in crude price, President Hassan Rouhani said.
Non-Oil Exports Hit $60bln in Two Years; Iran
Iran has pocketed around $60 billion from exports of non-oil products, services, and energy since the US withdrew from the 2015 nuclear deal.
US sanctions made Iran ready to face unprecedented oil prices fall
First Vice President Es’hagh Jahangiri said on Tuesday that due to the US sanctions, Iran is in readiness for coping with the unprecedented drop in oil prices.
Afghan traders visa issue settled
Iranian Commercial Envoy to Afghanistan Mohammad Mehdi Javanmard Ghasab on Tuesday said that the visa problem of Afghan drivers and traders has been settled.
US oil back in positive territory
US oil prices rebounded back above zero Tuesday, a day after futures ended in negative territory for the first time.
Iran Urges IMF to Provide Loan via INSTEX, SHTA
The Governor of the Central Bank of Iran called on the IMF to make use of the EU-Iran trading mechanism ‘INSTEX’ to make the $5 billion loan.