Oil prices plunged and expectations that a barrel of Brent up to $ 43 in 2015
{International: Euphrates News} deteriorated oil prices الاثنين January 12 registered record highs were recorded for five years and nine months, with the expectation that the price of a barrel of Brent {} to {43} level of $ within six months.
By 10:49 Moscow time fell futures price for Brent crude delivery February 15 by {2.55}% to {48.83} dollars per barrel, the lowest level since March / March 2009, while the decline in the price of futures US crude delivery February 15 by 2.23% to 47.28} {dollars per barrel, the lowest level since February 2009.
And reduce the investment bank {Golden Man Sachs} forecast prices ore {Brent} for up to {43} dollars per barrel in six months and {70} dollars per barrel during {12} months, while lowering its forecast US crude to {39} dollars per barrel during the {6 } months {65} dollars per barrel in 12 months.
This comes undone while trying to Venezuela, a member of the organization "OPEC" to convince the producers to take steps to control the market and discuss the fall in oil prices, which has damaged its economy, through the tour president offline for several countries, after visiting Venezuelan President Nicolas Maduro to Iran on Saturday, went to Saudi Arabia and met Sunday in Riyadh with Saudi Crown Prince Salman bin Abdul Aziz, the Saudi Oil Minister Ali al-Naimi and a number of senior princes.
No details about the meeting and did not seep well Maduro did not give or his entourage any statements about the talks, after leaving Saudi Arabia will visit Maduro Qatar and Algeria, as part of his efforts to discuss the falling price of oil, which will affect the country, which scored its economy contracted in the first nine months of 2014 .
Iran has vowed on Saturday with the help of Venezuela to halt the decline in oil prices, reported Iran's Supreme Leader Ali Khamenei, President of Venezuela, he supported a coordinated move between Tehran and Caracas to stop the steady decline in global oil prices, which he described as a "political conspiracy and put the common enemies."
In the latest OPEC meeting {} in November 27 last Arabia refused requests for other members of the organization to cut production to control the wave of falling prices.
Oil prices have fallen by more than half since June of last year, after it increased its supply in the market, the center of the conflict between producing countries to maintain their share of market.
Meanwhile, the survey showed Lundberg Foundation {} that the average price of a gallon of gasoline in the United States fell {27} cents in the past three weeks to its lowest level since April / April 2009.
In Iraq, the Iraqi oil marketing company SOMO {} said that Iraq raise the official selling price of Basra light crude in February contracts with Asia by {30} cents a barrel, while the reduction of the price of Basra light crude to the United States and Europe.
The move comes after a sharp cuts conducted by Saudi Arabia in monthly prices for oil shipments to European buyers last week at a time when it is trying {OPEC} struggled to maintain its share in the market oversupplied market and with the slowdown Altalb.anthy
[You must be registered and logged in to see this link.]
{International: Euphrates News} deteriorated oil prices الاثنين January 12 registered record highs were recorded for five years and nine months, with the expectation that the price of a barrel of Brent {} to {43} level of $ within six months.
By 10:49 Moscow time fell futures price for Brent crude delivery February 15 by {2.55}% to {48.83} dollars per barrel, the lowest level since March / March 2009, while the decline in the price of futures US crude delivery February 15 by 2.23% to 47.28} {dollars per barrel, the lowest level since February 2009.
And reduce the investment bank {Golden Man Sachs} forecast prices ore {Brent} for up to {43} dollars per barrel in six months and {70} dollars per barrel during {12} months, while lowering its forecast US crude to {39} dollars per barrel during the {6 } months {65} dollars per barrel in 12 months.
This comes undone while trying to Venezuela, a member of the organization "OPEC" to convince the producers to take steps to control the market and discuss the fall in oil prices, which has damaged its economy, through the tour president offline for several countries, after visiting Venezuelan President Nicolas Maduro to Iran on Saturday, went to Saudi Arabia and met Sunday in Riyadh with Saudi Crown Prince Salman bin Abdul Aziz, the Saudi Oil Minister Ali al-Naimi and a number of senior princes.
No details about the meeting and did not seep well Maduro did not give or his entourage any statements about the talks, after leaving Saudi Arabia will visit Maduro Qatar and Algeria, as part of his efforts to discuss the falling price of oil, which will affect the country, which scored its economy contracted in the first nine months of 2014 .
Iran has vowed on Saturday with the help of Venezuela to halt the decline in oil prices, reported Iran's Supreme Leader Ali Khamenei, President of Venezuela, he supported a coordinated move between Tehran and Caracas to stop the steady decline in global oil prices, which he described as a "political conspiracy and put the common enemies."
In the latest OPEC meeting {} in November 27 last Arabia refused requests for other members of the organization to cut production to control the wave of falling prices.
Oil prices have fallen by more than half since June of last year, after it increased its supply in the market, the center of the conflict between producing countries to maintain their share of market.
Meanwhile, the survey showed Lundberg Foundation {} that the average price of a gallon of gasoline in the United States fell {27} cents in the past three weeks to its lowest level since April / April 2009.
In Iraq, the Iraqi oil marketing company SOMO {} said that Iraq raise the official selling price of Basra light crude in February contracts with Asia by {30} cents a barrel, while the reduction of the price of Basra light crude to the United States and Europe.
The move comes after a sharp cuts conducted by Saudi Arabia in monthly prices for oil shipments to European buyers last week at a time when it is trying {OPEC} struggled to maintain its share in the market oversupplied market and with the slowdown Altalb.anthy
[You must be registered and logged in to see this link.]