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    Oil cuts only half what pledged and shale ramping up

    Oil cuts only half what pledged and shale ramping up

    January 03, 2017 It was bad news for oil producing countries as the first reports on January output showed only about 50 percent compliance with promised cutbacks.  What’s more, American…

    Iran’s inflation rate looks like it will soon rise again

    January 03, 2017 The inflation rate is definitely not declining any longer and may again be rising. Inflation in the last Persian month, Dey, was measured at 9.6 percent by…

    Turkmenistan: talk or arbitrate

    January 03, 2017 Turkmenistan is ready to continue talks with Iran after cutting gas supplies to Tehran January 1, but also has the right to take the dispute over past…

    The Oil Patch

    The Oil Patch

    January 03, 2017 STEADY — The price of an OPEC barrel continued marking time this week, despite the bad news seen in our lead story above.  The numbers there are…

    Iran must pay Turkey $1.9B for overcharging

    January 03, 2017 Iran and Turkey have resolved a five-year-old dispute over the proper price Turkey should pay for Iranian gas and, as a result, Iran will have to pay…

    Rial Daily Open Market

    Rial Daily Open Market

    February 3, 2017…

    Gov’t reverses privatization; re-nationalizes telephones

    Gov’t reverses privatization; re-nationalizes telephones

    December 23, 2016 Iran’s government has canceled what was billed as the largest privatization deal in the country’s history, the sale of the national telephone company to a trust for…

    In 21st Century, Iran wants to build a coal-fired plan

    December 23, 2016 While the rest of the world is moving away from coal-fired power plants, Iran last week announced plans to build its first electric power generating plant fired…

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