Global oil supply is decreasing as a result of the non-OPEC reduction in extraction, while demand is estimated to increase
The price per barrel continues to fluctuate, conditioned by several factors including foreign and energy policy decisions by the Unites States
In March crude prices decreased because of finance sparked. Instead, the increase in prices that took place at the end of March
In February, oil hovered firmly around $55/ barrel with both OPEC and non-OPEC countries moving forward with their production cuts
Interview with Sergey Komlev, Head of the Contract Structuring and Pricing Directorate of Gazprom Export
The real different maker on oil prices could once again be the spike in US output
Oil prices have risen since the decision taken by OPEC and non-OPEC countries to find new production objectives
OPEC’s new oil output cap is opening up a new scenario: by mid-2017, we could witness an oil market rebalancing
Between the rise of the barrel and declining, due to the fact that several OPEC countries do not want to reduce the production of crude
Thanks to the euro/dollar exchange rate, the rebalancing between supply and demand, the tendency to depreciate for US crude and the agreement reached in Algiers on OPEC production, the price of crude oil went over $59 a barrel in September, as had last happened in august
