[IMG]https://s1.yimg.com/bt/api/res/1.2/PNKa9R3Bo0WaeQ1CrCWvUg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en-AE_XE/News/AFPEco**micEn/cbb193260244529e64181a9fd284fd6637294b78.jpg[/IMG]Gulf oil producers, led by Saudi Arabia, will
resist attempts to cut output at an
OPEC meeting next month as preserving market share remains their top priority, industry
analysts say.
Gulf and other
OPEC members said they wanted to safeguard their share of a market that has faced a supply glut as a result of sharp increases in the production of shale and sand crudes. "Preserving market share still remains a top priority for
Gulf states," Saudi eco**mist Abdulwahab Abu-Dahesh said.
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05-24-2015, 10:01 AM
Gulf producers to resist cuts at OPEC meet: analysts
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