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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.
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