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Alex Lawler

OPEC's market share sinks - and no sign of wavering on supply cuts

Aug 22 2019

LONDON OPEC's share of the global oil market has sunk to 30%, the lowest in years, as a result of supply restraint and involuntary losses in Iran and Venezuela, and there is little sign yet producers are wavering on their output-cut strategy.

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

Aug 16 2019

LONDON OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply.

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

Aug 16 2019

LONDON OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to curb supply.

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

Aug 16 2019

LONDON, Aug 16 OPEC on Friday provided a downbeat oil-market outlook for the rest of 2019 as economic growth slows and highlighted challenges in 2020 as rivals pump more, building a case to keep up an OPEC-led pact to restrain supplies.

Saudi, Trump 'jawboning' suggests $75 top for oil market

Aug 14 2019

LONDON Ask Saudi Arabia about its preferred oil price and the kingdom will say it has no target.

RPT-EXCLUSIVE-Saudi Aramco valuation gap persists as IPO talks resume–sources

Aug 08 2019

* Crown Prince has stuck to $2 trillion value for Aramco - sources

Exclusive: Saudi Aramco valuation gap persists as IPO talks resume - sources

Aug 07 2019

LONDON/RIYADH/DUBAI Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said.

OPEC oil output hits lowest since 2011 on Saudi cut, sanctions: Reuters survey

Jul 31 2019

LONDON OPEC oil output hit an eight-year low in July as a further voluntary cut by top exporter Saudi Arabia deepened losses caused by U.S. sanctions on Iran and outages elsewhere in the group, a Reuters survey found.

Hit by sanctions and rising tensions, Iran's oil exports slide in July

Jul 30 2019

LONDON Iranian oil exports have dropped in July to as low as 100,000 barrels per day (bpd) due to sanctions and rising tension with the United States and Britain, according to an industry source and tanker data, deepening global supply losses.

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