Israel of energy to further enhance the Middle East risk
Israel's energy independence to further enhance the Middle East risk
To overcome the weaknesses of the energy surface, or further [Iran Nikushi]
US WTI crude oil futures prices have remained within the range of up to the second half from this place barrel = 0 dollars middle.
But it had attracted the interest of the market from late month was the OPEC meeting of the month, OPEC member countries and non-OPEC oil-producing countries (OPEC plus) is, coordinated production cuts that are currently being conducted of (per day 00,000 barrels) it is expected to make a decision to expand the width to the day the amount of 00,000 barrels (time limit is up to 00 years).
OPEC is that decisions according its prospect [although becomes oversupplied in the first half of next year, is substantially offset by the insufficient supply of the second half.
Crude oil production of the record highs US
Let's learn about supply and demand situation of the foot.
Crude oil production of the OPEC of the month, was the previous month million barrels decline in per day million barrels (Reuters survey).