Iranian crude price hits unprecedented level

Submitted by MNA on

TEHRAN, Feb. 12 (MNA) – In the time with the cap on oil output of OPEC and non-OPEC producers, price per barrel for Iran’s light crude has reached the record high level of 53 dollars.

Power blackout hits oil production in south

Submitted by MNA on

AHVAZ, Feb. 12 (MNA) – A local official of the Oil Ministry has said power blackout in Khuzestan province hit oil production, with 770,000 barrels of crude decline in production.

Government to ship 100,000 tonnes of rice to China

Submitted by TNA on

BANGKOK, Feb 12 (TNA) -- Thailand’s Commerce Ministry is preparing to ship 100,000 tonnes of rice to China and the delivery will be made between February – March, said Commerce Minister Apiradi Ta

BoT says bank lending would grow larger

Submitted by TNA on

BANGKOK, Feb 12 (TNA) -- After noticing that interest rates on long-term bond have started rising, Veerathai Santiprabhob, governor of Bank of Thailand (BoT), says he is optimistic that lending by

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