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Oil prices approaching the barrier of $ 45 a barrel and expectations of the worst character
Tuesday, 13 January 2 / January 2015
[Mtabah- where]
Global oil prices continue to trend downward, approaching the barrier of $ 45 a barrel, despite the significant increase in Chinese demand for oil last month, prompting several international institutions to reduce its forecast for average prices in 2015 again.
And after it was forecast that oil prices will hit bottom at $ 50 a barrel, then take to rise to balance above $ 80, I checked many financial institutions outlook towards the bottom of the lowest, perhaps approaching the barrier forty dollars.
With the continuing demand, which does not see an increase as a result of weak global economic growth rates and supply rates of production and export, which has not seen any decline, it is difficult bottom which can be up to the price of oil by the end of the first quarter of the year estimate.
Several analysts believe that the seasonal demand factor [increased demand in the northern hemisphere winter, including between 15 and 25%] was probably the reason why prices remain without access to the lowest floor, estimated by some pessimists less than $ 30 a barrel.
If the current downward trend continues, is expected to result in a decline in demand with the introduction of the spring and summer in Europe and North America to the collapse of the lowest prices around the bottom of the most pessimistic forecasts.
And began to big energy companies, especially those that operate in high-cost shale oil production, in anticipation of the continuation of falling prices and the impact on future plans.
Some economists believe that the negative impact of falling oil prices on the economies of producing and exporting countries may be equivalent to the global economy was a need for such a stimulus [cheap fuel] to avoid a new global economic disaster worse than the financial crisis in 2009 / 2008.anthy
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Tuesday, 13 January 2 / January 2015
[Mtabah- where]
Global oil prices continue to trend downward, approaching the barrier of $ 45 a barrel, despite the significant increase in Chinese demand for oil last month, prompting several international institutions to reduce its forecast for average prices in 2015 again.
And after it was forecast that oil prices will hit bottom at $ 50 a barrel, then take to rise to balance above $ 80, I checked many financial institutions outlook towards the bottom of the lowest, perhaps approaching the barrier forty dollars.
With the continuing demand, which does not see an increase as a result of weak global economic growth rates and supply rates of production and export, which has not seen any decline, it is difficult bottom which can be up to the price of oil by the end of the first quarter of the year estimate.
Several analysts believe that the seasonal demand factor [increased demand in the northern hemisphere winter, including between 15 and 25%] was probably the reason why prices remain without access to the lowest floor, estimated by some pessimists less than $ 30 a barrel.
If the current downward trend continues, is expected to result in a decline in demand with the introduction of the spring and summer in Europe and North America to the collapse of the lowest prices around the bottom of the most pessimistic forecasts.
And began to big energy companies, especially those that operate in high-cost shale oil production, in anticipation of the continuation of falling prices and the impact on future plans.
Some economists believe that the negative impact of falling oil prices on the economies of producing and exporting countries may be equivalent to the global economy was a need for such a stimulus [cheap fuel] to avoid a new global economic disaster worse than the financial crisis in 2009 / 2008.anthy
[You must be registered and logged in to see this link.]
