MEOG Week 06
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Issue 756 12•January•2020 Week 06
Market struggles to deal with outbreak Despite OPEC and its allies’ best efforts, the Coronavirus outbreak continues to play havoc in the oil market.
Iran continuing to export crude
Data suggests that Iran is managing to export 1mn bpd despite US efforts to drive keep the country’s crude off world markets.
Tehran awards field development deal National Iranian South Oil Co. (NISOC) awarded a $1.3bn contract to domestic firm Mapna to improve oil recovery at two onshore oilfields.
