Business
September 27-October 1, 1999 / Mehr 5-9, 1378
News
| Sports
| Arts
| Rights
| Community
Latest
* Oil forges new high as U.S. inventories
dip
Previous
* Iran-Germany ties look brighter
* Iran says foreigners not linked to giant oil field
* Massive $100 bln oil find
* Kuwait to compete with Dubai for transit trade with
Iran
* External debt at $13.09 bln in June
News
| Sports
| Arts
| Rights
| Community
Monday | Tuesday | Wednesday
| Thursday | Friday
Get Persian fonts from Hamshahri
or Payvand
email us
Friday,
October 1, 1999
NONE
Go to top
Thursday
September 30, 1999
* Oil forges new high as U.S. inventories dip
LONDON, Sept 29 (Reuters) - Oil's eight-month rally hit yet another
high on Wednesday as dealers cited news that U.S. petroleum inventories
had dropped to near-three-year lows as proof OPEC supply curbs were biting
deep ahead of winter. Benchmark Brent crude blend touched $24.30 a barrel,
a 33-month high, after the American Petroleum Institute said crude stocks
in the world's biggest oil consumer fell by 3.7 million barrels last week
to stand at their lowest levels in almost three years ... FULL
TEXT
Go to top
Wednesday
September 29, 1999
* Iran-Germany ties look brighter after court rules out Hofer death
sentence
TEHRAN, Sept 29 (AFP) - An Iranian court lifted the spectre of the death
penalty against a German businessman Wednesday in a ruling that could strengthen
strained ties between Tehran and its largest European trade partner Berlin.
Judge Yusef Musavi said the death penalty was not applicable in the case
of Helmut Hofer, charged with having sexual relations with an Iranian Muslim
woman, and indicated that the businessman could soon be set free ... FULL TEXT
Go to top
* Iran says foreigners not linked to giant oil field
DUBAI, Sept 29 (Reuters) - Iran said on Wednesday a newly discovered
giant oil field in the southwest did not fall under any contract the Islamic
republic has with foreign oil companies. ``No foreign oil company including
TotalFina have had data related to the newly discovered Azadegan oil field.
Nor have they carried out any discussions with NIOC about it,'' a National
Iranian Oil Company (NIOC) official said ... FULL
TEXT
Go to top
$ Rate
Updated September 27, 1999
* Buying: 860-875 tomans per dollar
* Selling: 882 tomans per dollar
Source: Sehhaty Foreign Exchange. Call in U.S.: 877-SEHHATY (734-4289)
or 800-995-0264, Fax: 480-595-0222. Address: PO Box 3230,
Carefree, AZ 85377, USA. Mention this code for a
better rate: FA37B
Tuesday
September 28, 1999
* Massive $100 bln oil find
TEHRAN, Sept 28 (Reuters) - Iran on Tuesday announced its biggest oil
find in 30 years, a giant 26-billion barrel field discovered as the country
drives to revive exploration activities and foreign firms compete for big
deals. Oil Minister Bijan Zanganeh said the oilfield in the prolific southwest
Khuzestan province has the potential to produce up to 400,000 barrels a
day ... FULL TEXT
Go to top
* Kuwait to compete with Dubai for transit trade with Iran
KUWAIT CITY (AFP) - Kuwait is to open a free trade zone in October that
it hopes will compete with Dubai for the transit trade with Iran, the official
news agency KUNA said yesterday ... FULL
TEXT
Go to top
Monday
September 27, 1999
* External debt at $13.09 bln in June
September 27, 1999, TEHRAN (Dow Jones Newswires) -- Iran's external
debt stood at $13.09 billion in June at the end of Iran's first quarter,
according to a report by the Central Bank of Iran ... FULL
TEXT
Go to top
Copyright © Abadan Publishing Co. All Rights Reserved.
May not be duplicated or distributed in any form
