Non OPEC oil producers has not committed to oil prices continue to decline production isobuster

Non OPEC producers have not promised U.S. stock market continued to decline in oil production center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes warrants FX168 financial newspaper (Hongkong) hearing Monday oil prices continue to decline, the non oil exporting countries did not join the organization to make the OPEC oil producers (OPEC) specific commitments and plans to limit production. OPEC said he hoped the members can first solve the internal differences. OPEC officials and exporters and included Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and Russia’s non OPEC producers plan meeting in Vienna on Saturday, and in November 30th OPEC regular meeting before agreed to meet again in November. Brent December crude oil futures fell 21 cents, or $49.50 to $0.4% barrel, compared with last Friday’s settlement price fell by 76 cents. NYMEX11 month crude oil futures fell 18 cents, or $48.52 to $0.4% barrel, down $1.02 compared with last Friday. The well-known retail forex brokers anda (OANDA) senior market analyst Jeffrey Halley said: "the conversation carried out many times, but failed to reach any agreement, which push the oil down." Halley said that after the U.S. Federal Bureau of investigation decided to restart the investigation of Hilary, the risk of emotional impact, prompting investors have flocked to safe haven assets, the news also makes the U.S. election situation is particularly tense. OPEC and non OPEC members issued a joint statement, said the meeting on Saturday to have a positive impact in November 30th production agreement "". According to informed sources, on Friday OPEC members did not reach agreement on how to implement the production problems, Iran subsequently expressed reluctance to cut or even freeze production. Russia’s draft budget shows that the country expects its 2017 crude oil production increased by 0.7% in 2018, an increase of 0.9%. The draft shows that Russia’s crude oil production in 2017 is expected to increase to a record high of 5.48 tons, in 2018 and in 2019 were expected to be 5.53 tons, higher than the expected value of this year’s $5.44. U.S. Commodity Futures Trading Commission (CFTC) said on Friday, as of October 25th, when the week, due to bearish signals appear, monetary managers for the first time in 5 weeks to reduce U.S. crude oil futures net positions and options positions. Proofreading: Cool duty editor: Li Wu SF053相关的主题文章: