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United States

Alex Lawler

Iran's crude exports slide to 500,000 bpd or less: sources

May 17 2019

LONDON Iranian crude oil exports have fallen in May to 500,000 barrels per day (bpd) or lower, tanker data showed and industry sources said, after the United States tightened the screws on Tehran's main source of income, deepening global supply losses.

OPEC sees more 2019 demand for its oil as it keeps cutting output

May 14 2019

LONDON OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.

OPEC sees more 2019 demand for its oil as it keeps cutting output

May 14 2019

LONDON OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.

Outages from Russia to North Sea give physical crude a boost

May 13 2019

LONDON, May 13 Crude oil markets in Europe and West Africa are gaining support from unplanned Russian, Iranian and North Sea supply losses, and analysts say Brent futures have yet to fully reflect this.

OPEC in the dark on oil supply as Russia, Iran cut exports

May 09 2019

DUBAI/LONDON OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more due to fears of a price crash, sources in the organization said.

Iran's oil exports to slide in May, but not to zero: sources

May 03 2019

LONDON Iranian oil exports will slide in May as the United States tightens the screws on Tehran's main source of income, industry sources said, deepening global supply losses caused by U.S. sanctions on Venezuela and OPEC-led cuts.

OPEC oil output hits four-year low in April on Iran, Venezuela: Reuters survey

Apr 30 2019

LONDON OPEC oil supply hit a four-year low in April, a Reuters survey found, due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.

OPEC oil output hits four-year low in April on Iran, Venezuela

Apr 30 2019

LONDON, April 30 OPEC oil supply hit a four-year low in April, a Reuters survey found, due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.

Iraq's southern oil exports rebound in April - Petro-Logistics

Apr 25 2019

LONDON, April 25 Oil exports from southern Iraq have rebounded so far in April, a leading tanker-tracking company said on Thursday, suggesting OPEC's second-largest producer will continue to show lower adherence than rivals to an OPEC-led supply-cut pact.

Iran's oil exports hit new 2019 low so far in April: sources

Apr 16 2019

LONDON Iran's crude oil exports have dropped in April to their lowest daily level this year, tanker data showed and industry sources said, suggesting buyers are curbing purchases before Washington clamps down further on Iranian shipments as expected next month.

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