Gulf OPEC delegate likely that oil prices are rising slightly during the next two months
3/25/15
aghdad / ..
He favored a Gulf OPEC delegate, on Tuesday, it is expected that oil prices recovering to around $ 55-60 per barrel in the next two months thanks to a stronger-than-expected global demand for oil, and in spite of the signs of an increase in supplies in the United States.
The delegate said in a press statement vassal / information /, "The global demand is growing definitely much more strongly than expected. In December and January, particularly in February was greater than indicated by the forecasts."
He added that "it is likely that oil prices fluctuate around $ 55-60 per barrel until April, when he might be under pressure due to seasonal refinery maintenance and increased business inventories in the United States."
It seems that the Gulf delegate statement contradicts some market forecasts that the US supply glut prices may come down to $ 20-30 a sign that the Gulf members of the Organization of the Petroleum Exporting Countries (OPEC) are still confident in the safety of their strategy to defend their market share.
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