tag gasoline prices

Iran: Gasoline and Shock Therapy

EghtesadOnline: Friend and foe have been trying hard to figure out what happened and why in the eight days after the government decided to cut fuel subsidies, sending gasoline prices to levels unseen in Iran ever since oil was discovered more than a century ago.
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Publish Date:30/November/2019 | 11:46

Looking Beyond Gasoline Prices

EghtesadOnline: So long as state-run automakers keep manufacturing low-quality vehicles, the people will be the main victims who have to face the economic burden stemming from the unprecedented rise in gasoline prices , a former head of the Iranian Fuel Conservation Company said.
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Publish Date:26/November/2019 | 11:15

Iran Gov’t Expects to Make $5.5 Billion From Gasoline Export

EghtesadOnline: The latest rationing and doubling of gasoline prices that started out of the blue last Friday (Nov. 15) will annually generate up to $5.5 billion in export revenue for the government, a board member of the Iranian Oil, Gas and Petrochemical Products Exporters’ Association said.
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Publish Date:25/November/2019 | 11:51

Economist: Gas Price Hike Impact Not Inflationary

EghtesadOnline: Senior economic analyst Saeed Laylaz says there is no scientific evidence that the rise in gasoline prices would definitely have an inflationary impact.
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Publish Date:24/November/2019 | 11:21

Rising gasoline, rents push U.S. inflation higher in September

EghtesadOnline: U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady pickup of inflation that could keep the Federal Reserve on track to raise interest rates in December.
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Publish Date:19/October/2016 | 07:08

Iran Gov't Toughens Eligibility for Livelihood Assistance Program

EghtesadOnline: The government will weigh up offering earnings from higher gasoline prices to people only after monitoring their bank accounts, Ahmad Meydari, deputy minister of cooperatives, labor and social welfare, announced.
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Publish Date:01/December/2019 | 11:38

Gasoline Use in Iran Declines After 12 Years

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.
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Publish Date:27/November/2019 | 10:16

Transportation Registers Highest Monthly Inflation in Iran

EghtesadOnline: The highest monthly growth in the Consumer Price Index among 12 groups of consumer goods and services purchased by households in the Iranian month ending Nov. 21 was recorded for “transportation” with 5.4%, which must be blamed on the rise in gasoline prices implemented on Nov. 15.
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Publish Date:24/November/2019 | 10:57

Two-Tier Gasoline Prices Bad News

EghtesadOnline: The decision to sell gasoline at two rates is a breeding ground for corruption, head of the Iran Gas Station Owners Union’s board of trustees said.
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Publish Date:24/November/2019 | 10:54

Iran: CNG Consumption Jumps

EghtesadOnline: Following the government last week to raise gasoline prices by 200%, compressed natural gas consumption has risen by 2 million cubic meters a day since Nov. 15, head of CNG department at the state-run National Iranian Oil Products Distribution Company said.
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Publish Date:23/November/2019 | 24:08

Gasoline Prices in Iran: Missing the Point

EghtesadOnline: Drawing parallels between average annual income in Iran and the neighboring states, some energy experts insist, rather strongly but strangely, that gasoline is indeed cheap in the country. They may have a point, but prefer to focus on the periphery and shun some important facts.
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Publish Date:21/October/2019 | 13:50

Case Against Higher Fuel Prices in Iran

EghtesadOnline: Although most energy officials, namely Oil Minister Bijan Namdar Zanganeh, say that raising gasoline prices would be the last resort to fight rampant smuggling and curtail rising consumption, several senior economists disagree.
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Publish Date:06/October/2019 | 13:58

Iranian MPs Differ Over Raising Fuel Prices

EghtesadOnline: Although the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the sensitive subject, a lawmaker said.
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Publish Date:27/July/2019 | 11:51

Sanctions on Iran Oil Bring US Drivers Pain at Pumps

EghtesadOnline: American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.
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Publish Date:27/April/2019 | 13:19

Iran: Gasoline Prices in Limbo

EghtesadOnline: The National Iranian Oil Refining and Distribution Company has so far received no order from the Oil Ministry to raise gasoline prices or reintroduce the gasoline rationing system that ended in 2015, a spokeswoman of the company said on Saturday.
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Publish Date:22/April/2019 | 13:49

US Cannot Completely Cut Off Iran Oil Exports

EghtesadOnline: The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of presidential elections next year.
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Publish Date:08/April/2019 | 15:02

Zanganeh Prefers Higher Gasoline Prices

EghtesadOnline: Rationing and higher prices are needed to help reduce fuel consumption, the oil minister said. "There are a number of proposals on the table but no decision has been taken because of a lack of consensus,” Bijan Namdar Zanganeh was quoted as saying by ISNA.
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Publish Date:02/February/2019 | 15:04