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Posts From Demostenes Floros

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Oil price and consequences of OPEC’s agreement

Oil price and consequences of OPEC’s agreement

OPEC’s new oil output cap is opening up a new scenario: by mid-2017, we could witness an oil market rebalancing

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Price volatility

Price volatility

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

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The barrel on the rise

The barrel on the rise

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

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A dialogue of many voices

A dialogue of many voices

With crude oil remaining at fairly stable price levels, the main producing countries are preparing for the imminent official events in which the strategies for the coming months will be defined

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