Business
February 14-18, 2000 / Bahman 23-27, 1378
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Latest
* Oil powers call for more barrels in
April
Previous
* Foreign oil deals seen after Iran
polls
* Iran to boost cooperation with France in natural gas
sector
* Iran doing "nothing" for the lads in Haqqi Alley
* Iran forecast to become world's lgst wheat importer
* Iran Min Says Block On WTO Membership Is Insult
* Crude oil still to reach its "real value": Iran
minister
* Iran says surging oil prices only "temporary"
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Friday,
February 18, 2000
* Oil powers call for more barrels in April
CARACAS, Feb 18 (Reuters) - Oil exporters Venezuela and Mexico appeared
to heed the United States' call for more oil Friday, as cracks appeared
in OPEC's resolve to stick to the quotas which have sent prices to nine-year
highs. The United States and Japan, the world's two largest economies,
have both warned exporters that they may release their strategic petroleum
stockpiles if the OPEC cartel and other producers maintained a squeeze
on supply >>>
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Thursday
February 17, 2000
* Foreign oil deals seen after Iran polls
Feb 16, 2000 LONDON, Feb 16 (Reuters) - Iran 's slow grind towards new
oilfield deals with foreign energy firms could finally pick up pace once
Friday's parliamentary elections are out of the way, oil executives said
on Wednesday. The end of the elections for Iran 's majlis (parliament)
will free up the attention of top economic policy makers to resume the
slow process of opening the country's economic lifeline to the outside
world, analysts say >>>
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Wednesday
February 16, 2000
* Iran to boost cooperation with France in natural gas sector
TEHRAN, Feb 16 (AFP) - Iran wants more French aid to develop its domestic
gas sector and export its gas, in particular to India and Pakistan, French
Deputy Industry Minister Christian Pierret said in Tehran Wednesday. France,
whose oil companies Elf amnd Total are operating in Iran, is to train young
Iranians at its prestigious Ecole des Mines, Pierret said during a press
conference before his departure for Isfahan and then Paris >>> FULL TEXT
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* Iran doing "nothing" for the lads in Haqqi Alley
TEHRAN, Feb 16 (AFP) - He has ambition, he has intelligence, and at
24 years old he even has a girlfriend he's in love with. But the one thing
Jaman Valilou has never had is a job. "Around here" is Khazaneh
in south Tehran, a tumble-down neighbourhood of grafitti-littered alleys
and dusty shops without customers that you could just about call working-class
-- that is, if anybody had a job >>>
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Tuesday
February 15, 2000
* Iran forecast to become world's lgst wheat importer
WASHINGTON -(Dow Jones)- For the second time in just four years, Iran
is forecast to become the world's largest wheat buyer, the U.S. Department
of Agriculture said in its Grain: World Markets and Trade report Monday
>>>
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* Iran Min Says Block On WTO Membership Is International Insult
BANGKOK (AP)-- Iran 's commerce minister attacked Tuesday "political
matters" that have prevented his country from joining the World Trade
Organization. In a clear reference to opposition from the U.S., Commerce
Minister Mohammad Shariatmadari said the fact that his country hadn't even
been approved as a candidate for WTO membership was "an insult to
the international community." >>>
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* Crude oil still to reach its "real value": Iran minister
BANGKOK, Feb 15 (AFP) - Iran believes crude oil has yet to reach its
"real value" despite prices running at a nine-year high, Iran's
Commerce Minister Mohammad Shariatmadari said at UN trade talks here Tuesday.
Shariatmadari also said that Iran was not happy about the steep surge in
prices, which has come amid widespread uncertainty surrounding future OPEC
output. Just like the consumers, "we are not in favor of the sudden
rise in oil prices," he told a news conference on the sidelines of
the UN Conference on Trade and Development (UNCTAD) >>>
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Monday
February 14, 2000
* Iran says surging oil prices only "temporary"
TEHRAN, Feb 14 (AFP) - Iran believes the current price of oil, surging
around nine-year highs, is only "temporary" and that the market
has yet to find its balance, Foreign Minister Kamal Kharazi said here Monday.
He also insisted that the current levels, surging near nine-year highs,
"should not be a criterion" for evaulating the state of the worldwide
crude market >>>
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