Post Tagged with: "Market share"

Source: Reuters

Oil producers will fight for market share as consumption growth slows: Kemp

Reuters


LONDON  – Petroleum consumption growth has been slowing for decades and the industry shows increasing signs of maturity, which will have profound implications for the business strategies of oil-producing companies and countries.

 

Slower growth will intensify intra-company and …

Source: Reuters

Saudi Arabia gets physical with Russia in underground oil bout

Reuters


MOSCOW – Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market.

It is here, rather than in the world of …

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