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Iran’s three-month tire output up 3%
Iran produced 63,848 tons of tires during the first three months of the current Iranian year (March 21-June 21), registering a three percent growth compared to the figure for the period last year.
OPEC+ output up in April, on surges from Iran, Russia: Platts survey
A resurgent Iran pumped its largest volume of crude in almost two years in April, while an increasingly compliance-challenged Russia also boosted its output yet again, bringing total production by OPEC and its allies to a three-month high, according to the latest S&P Global Platts survey.
Iran reports 19.1% surge in annual car output despite COVID hit
Iran’s industries ministry (MIMT) says car output in the country rose by 19.1% in the calendar year to March 20 despite closures and reduced activity measures imposed at plants by automotive companies to curb the spread of the coronavirus.
Iran’s largest oil producer reports 30% surge in output
The output of the National Iranian South Oilfields Company (NISOC) has increased significantly despite sanctions imposed by the US which hampers normal exports of crude from Iran, said the company chief on Monday.
Oil prices rise as producers commit to output restraint
Oil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their commitments on restraint, supporting a market thrown out of kilter by weak demand during the coronavirus pandemic.
Japan December factory output, retails sales seen falling in blow to GDP outlook: Poll
Japan’s industrial production likely declined again in December and retail sales are also expected to have slipped, a Reuters poll found, reinforcing worries a recent sharp increase in COVID-19 cases could derail a fragile economic recovery.
Iran oil companies to sign $1.2b in deals to boost output
Iranian energy companies have agreed on deals worth $1.2 billion to raise crude output, National Iranian Oil Co. said.
Japan's economy minister says government spending alone won't fill output gap
Japan’s government will compile a stimulus package next week that would seek to fill slack in the economy not just with spending but incentives to boost green and digital investment, Economy Minister Yasutoshi Nishimura said on Wednesday.
Biggest African economy now in recession as oil output drops
Africa’s largest economy has slumped into a recession in the third quarter as oil production dropped to a four-year low.
OPEC output rises more on Libya restart, Iraq export: Survey
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.
Daily gas output in SP phases 22, 24 at 40 mcm: Refinery director
Daily gas production in phases 22 and 24 of the South Pars (SP|) Gas Field in southern Iran has reached 40 million cubic meter (mcm), said the director of the field’s Refinery No. 12.

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