Mounting uncertainty over oil supply disruptions are clouding OPEC’s outlook on global supply for the rest of this year, a month and a half before the cartel is set to decide whether to extend its production cuts or ramp up output to offset an expected significant drop in Iranian oil exports now that the U.S. has ended all sanction waivers for Iran’s customers. The expected but yet-to-be-estimated losses of Iranian barrels, as well as an outage of an oil pipeline from Russia to Europe, are giving OPEC a headache in trying to predict how much global oil supply will possibly drop in the second half of 2019, sources in OPEC have told Reuters . The end of the U.S. sanction waivers for all Iranian all buyers means that Iran’s oil exports will drop as of this month, but no one is really sure by how much. Various analysts expect […]