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Oil Gains as Vaccine Hopes Edge Out Rise in Infections

EghtesadOnline: Oil prices edged higher on Tuesday on positive news on vaccine trials, but are still within the narrow trading band of the past three weeks amid fears that new lockdowns could derail a recovery in demand.
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Publish Date:22/July/2020 | 10:34

Oil Prices Mixed as Virus Spike Casts Shadow Over US Demand

EghtesadOnline: Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States.
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Publish Date:07/July/2020 | 11:04

Tehran Home Sales, Prices Rise

EghtesadOnline: The number of home sales in Tehran stood at 11,046 during the third month of the current Iranian year (May 21-June 20), indicating an increase of 80.3% compared with the same month of last year, but a decline of 4.5% compared with the preceding month.
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Publish Date:27/June/2020 | 09:49

Shares Continue Winning Streak

EghtesadOnline: Tehran Stocks rallied on Monday as the unprecedented surge in currency rates continued to boost investor sentiments over future rise in share prices.
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Publish Date:23/June/2020 | 10:49

Oil Prices Gain With OPEC+ Holding the Line on Supply Cuts

EghtesadOnline: Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well.
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Publish Date:20/June/2020 | 24:24

Oil Prices Extend Gains

EghtesadOnline: Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May.
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Publish Date:09/June/2020 | 24:27

Gov't Buys Raw Silk Cocoon at 56% Higher Prices

EghtesadOnline: Guaranteed purchase prices for raw silk cocoon have increased by 56% this year (started March 20) to reach 335,000 rials (around $2) per kilogram, according to the head of Iran Sericulture Expansion Center affiliated with the Agriculture Ministry.
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Publish Date:29/April/2020 | 11:13

Export Restrictions Lead to Drop in Domestic Date Prices

EghtesadOnline: A total of 1.22 million tons of dates were produced in the last Iranian year that ended on March 19, 2020, of which 200,000-220,000 tons have been stored for supply during the holy month of Ramadan (started April 25), secretary of the National Association of Iranian Dates said.
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Publish Date:27/April/2020 | 24:55

Oil Gains as US Shale Production Set to Fall Sharply

EghtesadOnline: Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
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Publish Date:18/April/2020 | 14:16

Mexico Says Reached Deal With Trump to Cut Crude Output

EghtesadOnline: The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.
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Publish Date:12/April/2020 | 18:00

Brent, WTI Prices Edge Down

EghtesadOnline: Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
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Publish Date:06/April/2020 | 23:04

Iran: Currency, Gold Descend After Big Leaps

EghtesadOnline: Foreign exchange rates and gold coin prices fell on Saturday following Central Bank of Iran measures to moderate rates after a week of high volatility.
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Publish Date:01/March/2020 | 10:59

Tehran Real-Estate Market in Q3

EghtesadOnline: The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels, in the capital city Tehran during the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019).
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Publish Date:17/February/2020 | 24:13

Iran: Declining Long-Term Deposits Sounds Inflation Alarm

EghtesadOnline: A report on the value of deposits with 11 selective banks shows long-term deposits are increasingly turning into sight deposits, rising concerns about inflation in prices as depositors may funnels their money into various markets.
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Publish Date:03/February/2020 | 13:11

SCI Reviews Food Price Changes in Iran

EghtesadOnline: The Statistical Center of Iran has released a report reviewing price changes experienced by food products during the 10th month of the current Iranian year (Dec. 22, 2019-Jan. 20).
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Publish Date:02/February/2020 | 24:32

Tehran Home Deals Up 12.1% While Prices Increase 2.1%

EghtesadOnline: A total of 10,687 homes were sold in Tehran during the 10th month of the current fiscal year (Dec. 22, 2019-Jan. 20) to register a 12.1% rise compared to the month before.
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Publish Date:01/February/2020 | 11:58

Oil Jumps to Highest in Over a Week After Libyan Shutdowns

EghtesadOnline: Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
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Publish Date:21/January/2020 | 13:09