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.
OPEC output rises more on Libya restart, Iraq export: Survey
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.
Over $740m allocated for imports of unrefined edible oil in seven months: Official
A high-ranking military commander said Iran can overcome the economic pressures of the United States by distancing itself from the dollar system.
Iran can nullify US economic pressure by using various currencies: Military commander
Iranian Deputy Roads and Urban Development Minister Saeid Rasouli announced on Friday that by opening the Khaf-Herat railway, the railway network of the two countries will be completed by November 20.
Iran, Afghanistan to connect railway network by Nov. 20: Deputy minister
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.
Iran expects 78% rise in petrochemical production capacity: Report
Iranian President Hassan Rouhani opened a major water treatment facility for the capital Tehran to boost the supply and quality of the water in areas located to the west of the city.
Rouhani opens major water supply project in Tehran
Oil and gas companies worldwide are taking an axe to their employment rolls, shedding workers to survive what is expected to be a prolonged stretch of weak demand.
Coronavirus, consolidation taking toll on energy jobs
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.
COVID-19 second wave pushing UK to brink of double-dip recession
Asian stocks sank Friday as investors looked ahead to next week’s US presidential election and weighed the chances of economic stimulus from Washington and Europe.
Asian shares fall back after Wall Street rebound
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.
Six-month exports of Semnan Province top $120m

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