Edition:
United Kingdom

Alex Lawler

Exclusive: OPEC, allies struggle to fully deliver pledged oil output boost - internal document

19 Oct 2018

LONDON OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola.

Iranian crude exports fall further as Trump's sanctions loom

15 Oct 2018

LONDON Turkey and Italy are the last buyers of Iranian crude outside China, India and the Middle East, according to tanker data and an industry source, the latest sign that shipments are taking a major hit from looming U.S. sanctions.

Iranian crude exports fall further as Trump's sanctions loom

15 Oct 2018

* Exports average 1.33 mbpd in first two weeks of Oct - Refinitiv

OPEC says oil market well supplied, wary of 2019 surplus

12 Oct 2018

LONDON OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group's secretary-general said on Thursday, suggesting producers are in no rush to expand a June agreement that raises output.

OPEC says oil market well supplied, wary of 2019 surplus

11 Oct 2018

LONDON OPEC sees the oil market as well supplied and is wary of creating a glut next year, the group's secretary-general said on Thursday, suggesting producers are in no rush to expand a June agreement that raises output.

Rocked by Trump's sanctions, Iranian oil exports drops further

08 Oct 2018

LONDON Iran's crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S. sanctions and throwing a challenge to other OPEC oil producers as they seek to cover the shortfall.

OPEC oil output boost in September limited by Iran losses: Reuters survey

01 Oct 2018

LONDON OPEC delivered only a limited increase in oil production in September, a Reuters survey has found, as a cut in Iranian shipments due to U.S. sanctions offset higher output in Libya, Saudi Arabia and Angola.

Iran says oil to rise as Saudi, Russia do 'little and late'

24 Sep 2018

LONDON Saudi Arabia and Russia won't add significantly more oil to the market because of a lack of capacity, a top Iranian official said on Monday, predicting prices will probably rise further.

Iraq's southern oil exports approach record high in Sept-sources

20 Sep 2018

* Southern exports in first 19 days of Sept avg 3.6 mbpd - tracker

Iran says oil market is too tight for U.S. zero exports target

14 Sep 2018

LONDON The U.S. will find it difficult to cut Iran's oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, a top Iranian official said on Friday.

World News