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Alex Lawler

OPEC July oil output surges as Gulf voluntary cuts end - survey

31 Jul 2020

LONDON OPEC oil output has risen by over 1 million barrels per day (bpd) in July as Saudi Arabia and other Gulf members ended their voluntary extra supply curbs on top of an OPEC-led deal, and other members made limited progress on compliance.

Iraq increases oil exports in July, pumps above OPEC+ target

30 Jul 2020

LONDON Iraq's crude oil exports have increased so far in July, shipping data showed and industry sources said, suggesting OPEC's second-largest producer is still undershooting its production cut target under an OPEC-led deal.

Iraq increases oil exports in July, pumps above OPEC+ target

30 Jul 2020

LONDON, July 30 Iraq's crude oil exports have increased so far in July, shipping data showed and industry sources said, suggesting OPEC's second-largest producer is still undershooting its production cut target under an OPEC-led deal.

End game for oil? OPEC prepares for an age of dwindling demand

29 Jul 2020

LONDON The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. | Video

Iraq increases oil exports in July, still pumps above OPEC+ target

21 Jul 2020

LONDON Iraq's crude oil exports have increased so far in July, according to shipping data and industry sources, suggesting OPEC's second-largest producer is still undershooting its pledge in an OPEC-led supply cut deal.

Iraq increases oil exports in July, still pumps above OPEC+ target

21 Jul 2020

LONDON, July 21 Iraq's crude oil exports have increased so far in July, according to shipping data and industry sources, suggesting OPEC's second-largest producer is still undershooting its pledge in an OPEC-led supply cut deal.

OPEC chief sees oil market moving closer to balance before key meeting

13 Jul 2020

LONDON/DUBAI The oil market is getting closer to balance as demand gradually rises, OPEC's secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August.

UAE's ADNOC to boost August oil exports as OPEC+ cuts set to ease: sources

07 Jul 2020

LONDON/DUBAI Abu Dhabi National Oil Company (ADNOC) plans to boost its oil exports in August, the first signal that OPEC and its allies are preparing to ease record oil output cuts next month, three sources familiar with the development told Reuters.

UAE's ADNOC to boost August oil exports as OPEC+ cuts set to ease- sources

07 Jul 2020

LONDON/DUBAI, July 7 Abu Dhabi National Oil Company (ADNOC) plans to boost its oil exports in August, the first signal that OPEC and its allies are preparing to ease record oil output cuts next month, three sources familiar with the development told Reuters.

Oil falls below $43 a barrel on virus fears, still heads for weekly gain

04 Jul 2020

LONDON Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery.

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