OPEC offsets Iran oil loss, sees lower 2019 demand
The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside their headquarters in Vienna, Austria December 7, 2018. REUTERS/Leonhard Foeger/ LONDON (Reuters) - OPEC said on Wednesday it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group faces to prevent a glut even after last week's decision to trim output. In a monthly report, the Organization of the Petroleum Exporting Countries said 2019 demand for its crude ...
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