OPEC oil output has risen for a fourth month in October, a Reuters survey found, as a restart of more Libyan installations and higher Iraqi exports offset full adherence by other members to an OPEC-led supply cut deal.
The Iranian government supplied $741 million for the import of unrefined edible oil during the first seven months of the current Iranian year (March 20-October 21), announced the director general of the Commercial Services Office of the Ministry of Industry, Mine and Trade on Thursday.
The second leap in Iran’s petrochemical industry is expected to increase the country's petrochemical production capacity to 100 million tons per year by March 2022; which would indicate a growth of 78 percent compared to the related figure for 2013.
The UK government will close the furlough scheme this weekend, with redundancies rising at the fastest rate on record and the second wave of COVID-19 pushing Britain’s economy to the brink of a double-dip recession, according to a Guardian analysis.
Semnan Province exported 116,000 tons of products worth $120.4 million during the first six months of the current Iranian year (March 20-September 21), said the Director General of the Customs Administration of Semnan Province Ali Sa’dodin.