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OPEC" expects global oil demand growth in 2015
8/12/15
Alsumaria News / Baghdad
Organization of Petroleum Exporting Countries "OPEC" expected growth forecast for global oil demand in the remaining months of the current year by 90 thousand barrels per day, while produced the highest amount of oil in more than three years.
According to the monthly report of the Organization, the global demand in 2015 will reach the level of 92.7 million barrels per day, the highest rate of 1.38 million barrels per day from the level of 2014, while the rose "OPEC" appreciation for the growth of global demand in 2016 by 100 thousand barrels per day, bringing the to 94.04 million barrels per day.
> OPEC: high oil product from outside the organization and speculators are behind the price drop
> OPEC production rises to its highest level in two years after Iraq and Saudi Arabia supplies
This increased "OPEC" its forecast for oil supply from outside the organization in 2015 in a sign that the impact of the collapse of prices and other producers of shale oil competitors take longer than previously thought, as I expected, "OPEC" increased supplies from outside "OPEC" for 2015 by about 90 thousand barrels per day.
OPEC said in its monthly report that the organization produced the highest amount of oil in more than three years, amid increasing production from Iran.
And it raised the Group consisting of 12 members output by 100 700 barrels per day in July to $ 31.5 million, the highest level since May 2012.
The increase in production in spite of abundant global supplies, which led to falling prices in recent months.
ES global oil production after demand the presence of a mutation in the United States is produced from oil shale and after the Organization of Petroleum Exporting Countries last year's decision not to cut production.
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8/12/15
Alsumaria News / Baghdad
Organization of Petroleum Exporting Countries "OPEC" expected growth forecast for global oil demand in the remaining months of the current year by 90 thousand barrels per day, while produced the highest amount of oil in more than three years.
According to the monthly report of the Organization, the global demand in 2015 will reach the level of 92.7 million barrels per day, the highest rate of 1.38 million barrels per day from the level of 2014, while the rose "OPEC" appreciation for the growth of global demand in 2016 by 100 thousand barrels per day, bringing the to 94.04 million barrels per day.
> OPEC: high oil product from outside the organization and speculators are behind the price drop
> OPEC production rises to its highest level in two years after Iraq and Saudi Arabia supplies
This increased "OPEC" its forecast for oil supply from outside the organization in 2015 in a sign that the impact of the collapse of prices and other producers of shale oil competitors take longer than previously thought, as I expected, "OPEC" increased supplies from outside "OPEC" for 2015 by about 90 thousand barrels per day.
OPEC said in its monthly report that the organization produced the highest amount of oil in more than three years, amid increasing production from Iran.
And it raised the Group consisting of 12 members output by 100 700 barrels per day in July to $ 31.5 million, the highest level since May 2012.
The increase in production in spite of abundant global supplies, which led to falling prices in recent months.
ES global oil production after demand the presence of a mutation in the United States is produced from oil shale and after the Organization of Petroleum Exporting Countries last year's decision not to cut production.
[You must be registered and logged in to see this link.]
