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Alex Lawler

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

16 Aug 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

16 Aug 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.

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

14 Aug 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

08 Aug 2019

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

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

07 Aug 2019

LONDON/RIYADH/DUBAI Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion (£1.65 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

31 Jul 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

30 Jul 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.

OPEC sees lower 2020 demand for its oil, points to surplus

11 Jul 2019

LONDON OPEC on Thursday forecast world demand for its crude will decline next year as rivals pump more, pointing to the return of a surplus despite an OPEC-led pact to restrain supplies.

OPEC sees lower 2020 demand for its oil, points to surplus

11 Jul 2019

LONDON, July 11 OPEC on Thursday forecast world demand for its crude will decline next year as rivals pump more, pointing to the return of a surplus despite an OPEC-led pact to restrain supplies.

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