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[rtl]History of edits:: 2.9.2016 16:02 • 11 visits readable[/rtl]
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{International: Euphrates News} ruled the International Energy Agency, OPEC reached Organization {} with independent producers for an agreement to reduce Taker production growth, expected at the same time continuing global oil inventories growth in 2016.
The agency said that "global oil inventories will continue to grow in most of 2016; because the decline in US production would take too long."
Agency, which coordinates energy policy for industrialized countries and said it does not believe that oil prices will fall to ten dollars a barrel, according to most forecasts extreme, but it is It is also difficult to predict how the rising significantly from current levels.
the reduced energy agency estimates slightly for oil demand growth in 2016, which currently stands at 1.17 million barrels a day, after reaching the highest level in five years at 1.6 million in 2015.
the agency also cut its forecast for demand for oil Organization {OPEC} in 2016 by 100 thousand barrels per day to 31.7 million barrels per day, this level and well below the size of the organization production in the month of January last which stood at 32.63 million barrels per day.
the agency said that "continuing to speculate on a deal between {OPEC}, and senior producers from outside the production cut seems mere speculation, OPEC cut production {} or not is a matter for the organization, whether done so on its own, or in coordination with other producers, but the prospect of coordinated cuts in production is very weak. " Ended h
http://alforatnews.com/modules/news/article.php?storyid=108313
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The International Energy reveal its outlook for the oil market in 2016
[/rtl][rtl]History of edits:: 2.9.2016 16:02 • 11 visits readable[/rtl]
{International: Euphrates News} ruled the International Energy Agency, OPEC reached Organization {} with independent producers for an agreement to reduce Taker production growth, expected at the same time continuing global oil inventories growth in 2016.
The agency said that "global oil inventories will continue to grow in most of 2016; because the decline in US production would take too long."
Agency, which coordinates energy policy for industrialized countries and said it does not believe that oil prices will fall to ten dollars a barrel, according to most forecasts extreme, but it is It is also difficult to predict how the rising significantly from current levels.
the reduced energy agency estimates slightly for oil demand growth in 2016, which currently stands at 1.17 million barrels a day, after reaching the highest level in five years at 1.6 million in 2015.
the agency also cut its forecast for demand for oil Organization {OPEC} in 2016 by 100 thousand barrels per day to 31.7 million barrels per day, this level and well below the size of the organization production in the month of January last which stood at 32.63 million barrels per day.
the agency said that "continuing to speculate on a deal between {OPEC}, and senior producers from outside the production cut seems mere speculation, OPEC cut production {} or not is a matter for the organization, whether done so on its own, or in coordination with other producers, but the prospect of coordinated cuts in production is very weak. " Ended h
http://alforatnews.com/modules/news/article.php?storyid=108313
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