Alex Lawler

London

Chief Correspondent, EMEA at Reuters

Chief #oil correspondent EMEA @Reuters 🛢️Views my own, retweets an fyi ⛰️🚲🏎️ [email protected] #OPEC #energytransition

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Articles

Iraq to reduce crude oil exports in May and June, official says

3 days ago | zawya.com | Alex Lawler

Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the matter told Reuters, in what would amount to a significant reduction from previous months. The lower export plan is part of Iraq's efforts to deliver on its schedule of compensation cuts pledged to OPEC+, the official added, declining to be identified by name as the matter is confidential.
OPEC April oil output edges lower despite plans for hike, survey finds

1 week ago | reuters.com | Alex Lawler

LONDON, May 8 (Reuters) - OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the flows and smaller drops in Iraq and Libya. The Organization of the Petroleum Exporting Countries pumped 26.60 million barrels per day last month, down 30,000 bpd from March's total, the survey showed on Thursday, with cuts by some producers offsetting higher Iranian supply. Sign up here.
La producción petrolera de la OPEP descendió en abril pese a los planes de alzas: sondeo

1 week ago | es-us.finanzas.yahoo.com | Alex Lawler

Por Alex Lawler LONDRES (Reuters) - La producción petrolera de la OPEP bajó en abril pese a la entrada en vigor de un aumento programado del bombeo, según un sondeo de Reuters, liderado por un recorte de la oferta venezolana ante los renovados intentos de Estados Unidos de frenar los flujos y caídas menores en Irak y Libia.
OPEC April oil output edges lower despite plans for hike, survey finds

1 week ago | today.westlaw.com | Alex Lawler

LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the flows and smaller drops in Iraq and Libya.
OPEP+ concorda com outro aumento da produção de petróleo para junho

1 week ago | cnnbrasil.com.br | Alex Lawler

A OPEP+ anunciou neste sábado (3) o acordo para acelerar os aumentos da produção de petróleo pelo segundo mês consecutivo. A decisão elevará a produção em junho em 411 mil barris por dia, apesar da queda dos preços e das expectativas de uma demanda mais fraca. Após uma breve reunião online, o grupo de produtores anunciou o aumento da oferta, dizendo que os fundamentos do mercado de petróleo são saudáveis.
OPEC+ moves forward its meeting to Saturday, sources say

1 week ago | zawya.com | Alex Lawler

A meeting of eight OPEC+ countries to decide on their plan for oil production policy in June will now take place on Saturday instead of Monday as originally planned, three sources with knowledge of the matter told Reuters on Friday. It was not immediately clear why the meeting was brought forward. (Reporting by Alex Lawler, Maha El Dahan and Ahmad Ghaddar; Editing by Kirsten Donovan)
OPEC+ set to make another accelerated oil output hike for June, sources say

1 week ago | marketscreener.com | Alex Lawler |Ahmad Ghaddar

LONDON/DUBAI (Reuters) - Eight OPEC+ countries meeting on Saturday will likely agree a further accelerated oil output hike for June, four sources with knowledge of the matter told Reuters, the latest step in a plan to unwind the group's most recent layer of output cuts. Last month, the eight countries made a larger-than-planned output hike of 411,000 barrels per day for May, a decision that, together with U.S. trade tariffs, helped to drive oil prices below $60 a barrel to a four-year low.
OPEC+ to meet on Saturday to set June output policy, sources say

1 week ago | marketscreener.com | Alex Lawler |Ahmad Ghaddar

LONDON/DUBAI (Reuters) -Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as originally planned, two sources with knowledge of the matter told Reuters on Friday. The meeting was originally scheduled to take place on Monday. It was not immediately clear why it had been brought forward.
Saudi Arabia signals it can live with lower oil prices, sources say

2 weeks ago | zawya.com | Ahmad Ghaddar |Olesya Astakhova |Alex Lawler

LONDON: Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices, five sources with knowledge of the talks said. This possible shift in Saudi policy could suggest a move toward producing more and expanding its market share, a major change after five years spent balancing the market through deep output as a leader of the OPEC+ group of oil producers.
Oil rises as US equities rally lifts economy sentiment

2 weeks ago | ca.marketscreener.com | Ahmad Ghaddar |Alex Lawler

LONDON (Reuters) -Oil rebounded on Thursday after strong earnings from Meta and Microsoft supported U.S. equities and offset concerns about the U.S. economy and the prospect of higher OPEC+ oil output. U.S. West Texas Intermediate crude futures rose 47 cents or 0.8% to $58.68 a barrel by 1442 GMT. Brent crude futures gained 71 cents or 1.2% to $61.77. Both contracts fell over 1% earlier.

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