inflation

  • National Conference on Production Growth and Inflation Control with Governance Model and Roadmap

    National Conference on Production Growth and Inflation Control with Governance Model and Roadmap

    SHANA (Tehran) – The National Conference on Production Growth, Inflation Control with Governance Model and Roadmap for Having Knowledge-Based Big Industries by Taking Opportunities to Produce National Brands to Compete at Regional Level is held in the presence of Iran’s Oil Minister Javad Owji, Chief Economic Officer of the Leader's Office Ali Aqa-Mohammadi, Vice President for Science, Technology and Knowledge-Based Economy Rouhollah Dehqani Firouzabadi, and Tehran's interim Friday prayers leader Hojjatoleslam Mohammad Hassan Abu-Torabifard at the National Iranian Oil Company's Kushk Hall Center in Tehran on January 11, 2024.

  • Brent oil hovers over $80 as inflation worries ease

    Brent oil hovers over $80 as inflation worries ease

    Global oil benchmark Brent hovered above $80 on Wednesday, buoyed by China's pledge to reinvigorate economic growth and expectations the U.S. Federal Reserve will stop raising interest rates soon.

  • Oil rises 2% on lower-than-expected U.S. inflation data

    Oil rises 2% on lower-than-expected U.S. inflation data

    Oil prices rose 2% on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Reserve is getting closer to ending its cycle of interest rate hikes and cushioned the impact of a small build in U.S. crude oil stocks.