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The stability of oil prices, amid expectations of scarce market next year
Wrote: December 15, 2016
Oil prices stabilized, on Thursday, amid expectations of an imminent scarcity in the market in 2017, after sharp declines earlier after raising US interest Wednesday, which led to the exodus of investors from primary commodities.
At 06:49 GMT, futures for Brent Global rose three cents from the previous close to $ 53.93 a barrel.
Futures fell US WTI eight cents from the previous settlement to $ 50.96 a barrel.
ANZ bank said today that oil markets will move to a big deficit in the first quarter of 2017, if ago the Organization of Petroleum Exporting Countries [OPEC] and other producers led by Russia in production cuts, which declared it, and amounting to about 1.8 million barrels.
The bank noted that it is likely to push oil prices to much higher than $ 60 a barrel early next year. "
http://altaghier.tv/2016/12/15/%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%88%D8%B3%D8%B7-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8%A8%D8%B4%D8%AD-%D8%A7%D9%84%D8%B3/
Wrote: December 15, 2016
Oil prices stabilized, on Thursday, amid expectations of an imminent scarcity in the market in 2017, after sharp declines earlier after raising US interest Wednesday, which led to the exodus of investors from primary commodities.
At 06:49 GMT, futures for Brent Global rose three cents from the previous close to $ 53.93 a barrel.
Futures fell US WTI eight cents from the previous settlement to $ 50.96 a barrel.
ANZ bank said today that oil markets will move to a big deficit in the first quarter of 2017, if ago the Organization of Petroleum Exporting Countries [OPEC] and other producers led by Russia in production cuts, which declared it, and amounting to about 1.8 million barrels.
The bank noted that it is likely to push oil prices to much higher than $ 60 a barrel early next year. "
http://altaghier.tv/2016/12/15/%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%88%D8%B3%D8%B7-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA-%D8%A8%D8%B4%D8%AD-%D8%A7%D9%84%D8%B3/
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