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Iran Accuses Russia And Saudi Arabia Of Stealing Market Share

OilPrice.com Monday, 17 September 2018
Russia and Saudi Arabia are eating into Iran’s oil market share, Tehran’s OPEC governor, Hossein Kazempour Ardebili, said in an interview with state oil agency Shana. The official did not reserve his criticism for these two, however. He also slammed other OPEC members for welcoming the U.S. sanctions against Tehran and taking advantage of the situation to boost their production. “On the one hand” Ardebili said, “Russia and Saudi Arabia, under the pretext of balancing the supply and demand of the world, are seeking…
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News video: Saudi Arabian Banks, Petrochemicals Favored, BofAML's Yazhari Says

▶ Saudi Arabian Banks, Petrochemicals Favored, BofAML's Yazhari Says 04:35

Sep.17 -- Hootan Yazhari, the head of MENA and global frontier markets at Bank of America Merrill Lynch, talks about U.A.E. and Saudi Arabian stocks. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East."

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