Bullish views emerge

Monetary services research firm Adam Raymond, a senior power analyst Molchanov (Molchanov Pavel) pointed out that the future of New York essential oil prices is expected to increase to more than $50. This individual believes that the current lower oil prices do not assistance the investment in the necessary oil industry, will lead to upcoming production capacity, can not focus on.
OPEC's crude oil creation accounts for about 1/3 on the planet oil market. OPEC ministerial meeting in June chose to maintain the current daily typical of 30000000 barrels associated with crude oil production quotas unchanged. The agency's most recent report notes that the drop in international oil costs in July was the the majority of serious since 2008. Higher output and market rumours to continue to bring downward stress on oil prices, OPEC member states and the olive oil industry, all participants tend to be closely concerned about this. OPEC pointed out, the current low acrylic prices affect the environment enhance the future investment capacity had been suspended or cancelled. The following 20 years, the global demand for primitive oil will still have a larger growth, and now the lack of investment decision means that the future price of essential oil will rise to irrational levels.

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