Expectations of higher oil prices during 2016

[ltr]Expectations of higher oil prices during 2016[/ltr]

 Since 04.30.2016 at 08:49 (Baghdad time)
[ltr][/ltr]
[ltr]Follow-up - the balance of News[/ltr]
[ltr]A poll released that analysts are growing confident that the downward wave in oil prices over the nearly two years has ended and raised their estimates of the prices for the second consecutive month with their expectation for the return of the balance of the market by 2017, with support from improved demand and a decline in US shale oil production.[/ltr]
[ltr]It is not expected to slow the pace of the return of the supply and demand balance in the global market due to the failure of producers in the Organization of Petroleum Exporting Countries (OPEC) and outside of the agreement on the reduction of oil production during a meeting held earlier this month.[/ltr]
[ltr]The poll of 29 analysts more optimistic expectations slightly as analysts raise their expectations for the global average Brent crude prices in Brent futures in 2016 to $ 42.30 per barrel compared with 40.90 dollars a barrel in the March poll.[/ltr]
[ltr]And saw a poll last month, an amendment to be lifted up to the expectations of the price of Brent in 2016 for the first time in ten months.[/ltr]
[ltr]The average Brent price of $ 40 a barrel since the beginning of the year.[/ltr]
[ltr]Analysts said the world's top producers of the meeting in the Qatari capital of Doha's failure to reach an agreement on the installation of production at January levels had no significant impact on prices.[/ltr]
[ltr]Since the failure of the Doha meeting on 17 April, oil climbed 21 percent to its highest level since November.[/ltr]
[ltr]A poll for Reuters poll released earlier this month that Iran's oil production would increase only slightly this year and next, but it will be enough to prevent the re-global supply and demand balance in 2016.[/ltr]
[ltr]However, it is expected that the market remains on track to reach a point of equilibrium between supply and demand in the next year with the support of the US production decline and an improved outlook for demand as some analysts expect growth of between one million and 1.5 million barrels per day.[/ltr]
[ltr]He said Luana Siegfried analyst at Raymond James, "strong growth in global demand with production falling locally (in the US) and globally may lead to a shortage in the supply of global oil market by the middle of 2016."[/ltr]
[ltr]But analysts say that in the medium term, slowing global economic growth to reduce oil demand growth may lead.[/ltr]
[ltr]Analysts expect the average price of US crude futures to $ 40.50 a barrel in 2016, up 80 cents from March poll forecasts. The average price of WTI US median around $ 35.27 a barrel since the beginning of 2016.[/ltr]

[ltr]The Raymond James with the highest expectations for the price of Brent in 2016 as his ability at $ 53 a barrel while the Crisil estimates are the lowest forecast since the arrival of Brent crude to $ 35.50 a barrel on average. Ended 29/4 e[/ltr]




[ltr]https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
[/ltr]

[ltr]Oil prices continue to climb toward the highest levels in 2016[/ltr]

 Since 29/04/2016 13:47 pm (Baghdad time)
[ltr][/ltr]
[ltr]Scales News - Follow-up[/ltr]
[ltr]Oil prices jumped on Friday to a new level is the highest in 2016 with support from the dollar's decline and shrinking production in the United States despite the fact that the Middle East increased production looming curbed gains.[/ltr]
[ltr]And it has been trading futures for Brent at $ 48.30 a barrel by 0644 GMT, up 16 cents from the last closing price of the futures while US crude rose 24 cents to $ 46.27 a barrel, the highest levels for decades already allocated this year.[/ltr]
[ltr]He said the investment bank Jefferies on Friday, "enter the market in better balance and we are still on our view that the current glut in supply will turn into a supply shortage in the second half."[/ltr]
[ltr]But Deutsche Bank said that the potential increase in the production of members of the Organization of Petroleum Exporting Countries Countries (OPEC) due to the large increase in Iran's production and after interruptions (in some supplies) in Iraq, Nigeria and the United Arab Emirates may curb the rise that has been achieved recently in crude prices. " .anthy 29/9 P[/ltr]




https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=

[ltr]The stability of oil prices near $ 50 per barrel[/ltr]

 Since 04.30.2016 at 08:48 (Baghdad time)
[ltr][/ltr]
[ltr]Follow-up - the balance of News[/ltr]
[ltr]Oil prices stabilized at closing after it reached the highest level since the beginning of 2016 but ended April trading high of about 20 percent and Brent crude biggest monthly gain in seven years.[/ltr]
[ltr]The dollar and optimism that the decline in global supply glut subside to support crude futures rising to more than $ 20 a barrel since they fell to their lowest level in 12 years, below $ 30 a barrel in the first quarter.[/ltr]
[ltr]International benchmark crude has not declined Brent only one cent at the settlement of up to $ 48.13 a barrel after hitting its highest level since the beginning of the current year at $ 48.50 a barrel. Brent climbed 21.5 percent in April, its biggest monthly gain since May 2009[/ltr]
[ltr]US crude fell 11 cents in futures settled up at $ 45.92 a barrel after hitting its highest level since the beginning of 2016 at $ 46.78 a barrel. A barrel of 20 percent in April, the biggest monthly gain in a year.[/ltr]
[ltr]While the prices are not separated by less than five dollars for access to the level of $ 50 a barrel Jefferies investment bank said the market intervention "better balance" stage will see a shortage of supply in the second half of the year.[/ltr]
[ltr]But others cautioned that the rally was supported by catching investors to build a large speculative positions, while stocks are high and still a Reuters survey showed OPEC production rise in April to a record level.[/ltr]
[ltr]The lifting of analysts polled by Reuters forecasts for Brent crude in 2016 to $ 42.30 a barrel on average for their estimates higher for the second month in a row. Ended 29/4 e[/ltr]


[ltr]https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.mawazin.net%2F%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%89-%D8%A7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A8%D9%86%D8%A7-%D8%B9%D9%84%D9%89-%D8%AF%D8%B9%D9%88%D8%A9-%D8%B1%D8%B3%D9%85%D9%8A%D8%A9%2F%D8%B3%D9%8A%D8%A7%D8%B3%D9%8A%D8%A9&edit-text=
[/ltr]