petrotahlil:Prices of polyethylene terephthalate (PET), a form of polyester that is used in the production of plastic bottles, have plummeted by 56% in recent days after sharp rise over the past few months, the secretary of Mineral and Potable Water Producers Association said.
The Plan and Budget Organization of Iran submitted the government's budget bill for the next fiscal (March 2019-20) to the parliament in time on Thursday (known as Budget Day).
OPEC finally broke an impasse over production curbs, agreeing on a larger-than-expected cut with allies after two days of fractious negotiations in Vienna.
Petrotahlil- By an increasing PVC rate in Asian markets and GCC region, also Iranian market faced with price growth despite the records after a period of decrease.
VIENNA (Shana) – It would be natural for Iran, which is faced with US sanctions, to be excluded from any OPEC decision to cut the group’s oil output, Iranian Minister of Petroleum Bijan Zangeneh said.
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country must be excluded from any decisions by OPEC members regarding production cuts.
VIENNA (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country would support OPEC stance in the market but would not participate in any OPEC deals so long as Tehran is subject to sanctions.
Iranian Minister of Petroleum Bijan Zangeneh said it was necessary to review reasons for Qatar's withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), saying, "OPEC has major problems caused by certain oil producers, excluding Qatar."
Iranian President Hassan Rouhani said Iran was selling its oil and would continue to do so, adding the US was unable to call a halt to Iran’s oil exports.