Post Tagged with: "Market share"

Iran Reignites Middle East Price War

Iran Reignites Middle East Price War

Iran made a statement when the country issued official selling prices for June contracts of heavy crude oil sold to Asia. The most recent pricing information unveiled by Iran is the largest discount to Saudi and Iraqi oil since 2007. …

Iran is Undercutting Saudi Oil Prices

Iran is Undercutting Saudi Oil Prices

Iran selling Forozan Blend to Asia at a $2.43 discount

Iran is increasing pressure on fellow OPEC members as its attempts to retake lost market share in major markets like Asia.

The Islamic Republic is now undercutting the price of …

Saudi Arabia Loses Market Share in Asia

Saudi Arabia Loses Market Share in Asia

Saudi’s market share in 7 Asian countries declined to 23.2% in the first half of the year

Crude oil imports from Saudi Arabia to seven major Asian markets declined 0.7% in the first half of 2015 compared to the same …

September 9, 2015 - 5:23 pm International, Oil and Gas 360 Articles, OPEC
OPEC: Too Close to Call - Oil & Gas 360

OPEC Market Share and Revenues Fall Amidst Glut

Annual report shows OPEC market share falls despite maintaining production

Oil prices tumbled dramatically last year as global oversupply quickly outpaced sluggish demand. A decision from OPEC last November to maintain production levels despite the growing oil glut and defend …

June 18, 2015 - 2:04 pm International, Oil and Gas 360 Articles, OPEC