The Saudis are losing market share to Iran and Iraq thanks to the OPEC deal

Thomson Reuters Since the start of OPEC's production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher and stable oil prices, possibly eating up some of the cartel's global market share while the cuts last. The market share war is also going on a micro level within OPEC itself - a diverse group of producers, with each pushing and pursuing their own agenda in every meeting and collective decision. This time around it is no different....