TEHRAN, July 29 -Crude oil price s ahead of the start of U.S. trading on Friday were unmoved by strong GDP figures as market watchers wait for the next shoe to drop.
TEHRAN, July 27 - A shortage of raw materials has reportedly tripled the price s of plastic products in Iran with traders blaming a more expensive US dollar which they say is encouraging suppliers of petrochemicals to prefer exports over domestic demand.
TEHRAN, June 01 - Jordan's King Abdullah II ordered the government on Friday to freeze new price hikes on fuel and electricity, officials said, after angry protests across the cash-strapped country.
TEHRAN, April 25 - Iran’s Ministry of Petroleum has dismissed reports of a decline in oil exports to India, saying the South Asian country’s imports in fact hit an unprecedented record of 700,000 barrels per day (bpd) in April.
TEHRAN, January 1 - Drivers in Saudi Arabia have expressed concerns over the kingdom’s plan to increase local gasoline price s starting from Monday as the country struggles with a budget deficit.
TEHRAN, September 28 - US President Donald Trump seems to be mulling over the idea of firing Health and Human Services Secretary Tom Price in the wake of reports he has used taxpayer-funded private planes for government business.
TEHRAN, May 7, YJC - The FAO Food Price Index averaged 168 points in April, down 1.8 percent from March although remaining 10 percent higher than a year earlier.
Crude price s have edged up ahead of the Christmas with the global markets waiting to see how OPEC’s planned output cuts will affect oil price s in 2017.
SINGAPORE, Jan 26, 2015 (AFP) - Oil fell in Asia Monday after the anti-austerity party Syriza swept to victory in Greece's general elections, dealing a further blow to the struggling euro, analysts said.
TEHRAN – A lecturer in international political economy at Regent’s University London says if oil price s fall further even the Persian Gulf Arab members of OPEC will face huge economic problems.
SINGAPORE, Nov 05, 2014 (AFP) - Oil price s extended losses in Asia Wednesday as dealers looked ahead to the release of the latest US supply report after a sell-off in the previous session owing to price cuts by Saudi Arabia.
SINGAPORE, Oct 21, 2014 (AFP) - Oil price s rose in Asian trade Tuesday, buoyed by strong industrial production data from China, the world's top energy consuming nation, analysts said.