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Russia’s oil output still exceeds OPEC+ cap even as gap narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contamination crisis earlier this year. The country pumped 47.49 million tons of crude and condensate last month, according to preliminary data from the Energy Ministry’s CDU-TEK unit.
MP: Iran’s agricultural output up 24% since 2013
Despite US unilateral sanctions on Iran and the restrictions they have created, the country’s agricultural output has witnessed a 24-percent growth since 2013, said an Iranian MP on Saturday.
China's Shandong Province says fall armyworm a 'major threat' to autumn crop output
Agriculture officials in northern China’s Shandong Province warned on Tuesday that an infestation of the fall armyworm pest will spread further in the key corn-producing area, posing a ‘major threat’ to autumn crop output in the region.
China says it needs ‘arduous efforts’ to meet 2019 industrial output goal
China’s Industry Ministry said on Tuesday that ‘arduous efforts’ will be needed to achieve this year’s industrial output growth target, as trade protectionism weighs on exports and clouds the outlook for the world’s second-largest economy.
German industry output, exports fell sharply in April
Both German industrial output and exports fell more than expected in April, data showed on Friday, highlighting the vulnerability of Europe’s largest economy to headwinds from trade frictions and Brexit uncertainty.
UK car output falls 14% in March, worse seen if no Brexit deal
British car output fell for the tenth month in a row in March, hit by a slowdown in key foreign markets, and the sector stands to suffer a lot more if the country leaves the European Union without a deal, an industry body said on Tuesday.
Japan's March factory output decline flags risk of GDP contraction
Japan’s industrial output fell in January-March at the fastest pace in almost five years, suggesting the economy may post a mild contraction in the first quarter as manufacturers struggle with the US-Sino trade war.
Philippine manufacturing output declines in December 2018
Slow demand after the holiday season led to the contraction of Philippine manufacturing output in December 2018, government data showed on Tuesday.
Trade friction hits output at Japanese factories
Factories in Japan took another hit in December with the second-straight month of shrinking output, underlining a warning by the central bank about growing risks to the economy from slowing global growth and a Sino-US trade war.
Oil climbs one percent as OPEC output drop eases concerns about glut
Oil prices rose more than one percent on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply.
UAE: OPEC+ will hold extra meeting if output cuts 'not enough'
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market next year, the United Arab Emirates’ energy minister said on Sunday.
UK car manufacturing output falls by a fifth as demand slumps
Britain’s car manufacturing output fell by almost a fifth in November, as Brexit worries and weakening demand in key markets affected the industry.
Iran won’t discuss its OPEC quota while under sanctions
OPEC works on deal to cut output by 1.3m bpd

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