Iran oil market share grab seen dimming prospect for freeze
Opec logo is pictured behind a traffic sign at its headquarters in Vienna, Austria. The group said this month that its members will discuss markets at a September gathering of the International Energy Forum in Algiers./ Iran’s plan to keep boosting crude production until it regains its Opec market share is dimming prospects of collective action by major producers to freeze output, according to Patrick Allman-Ward, chief executive officer of Dana Gas. “I’m not overly optimistic about an oil freeze being agreed,” Allman-Ward said in a ...
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