Iran focusing on market share

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As the euro tumbles and optimism wanes from Algiers, oil prices are charging lower ahead of a likely build to crude inventories in tomorrow’s weekly inventory report. Hark, here are five things to consider in energy markets today:

1) OPEC members are at loggerheads in Algiers, with it essentially coming down to Saudi’s willingness to cut should Iran freeze its production – and Iran’s lack of willingness to do so. Iran’s oil production has leveled off in recent months around 3.6 million barrels per day, while our ClipperData show its export loadings have done the same, holding around