Oil prices have doubled in one year. That is

It’s a good day for OPEC.

The information published on Monday is when it agrees with the demonstration of the oil cartel and its members and production of slash production.

Confirmation A significant year for OPEC was forced to prepare a plan to increase prices after falling for $ 26 per barrel in February 2016.

The collapse of the price – a decision of the West, which has been growing up since 2003 – a decision of Western forces to raise Iranian nuclear sanctions, and a decision of the Western forces.

Since then, the market, rod prices, raw prices have increased twice in price worth $ 53.50 per barrel.

Here’s how to push the prices of oil producers higher:

OPEC accepted the reduction in production in November, hoped to support global oil and support prices.

Deal news immediately increased the prices by 9%.

Investors, including several OPEC producers, including Russia, Mexico and Kazakhstan, made efforts to protect the supply.

The deck was stuck in the deal. The OPEC report, published on Monday, showed that his members took their promises to Slash production. The International Energy Agency agrees: OPEC estimated the compliance of 90% in January.

UAE Minister Suhail Al Mazrouei said that CNNMoney is better than expected the results on Monday.

The production is declining only 1.8 million barrels per day and is planned to work in six months.

Similar: OPEC ‘most in-depth’ produced cuts

The OPEC deal has drew months to negotiate and investors really really like it. According to OPEC, the number of hedge funds and other institutional investors who bet high prices hit the record in January.

Widespread optimism helps increase fuel prices.

The latest information of OPEC and IEA is higher than expected of global oil demand, stronger economic growth, sales and coldness of higher vehicles, and coldness is colder than the weather conditions expected in the last quarter of the year.

In 2017, 95.8 million barrels per day in 2017, in 2016, 94.6 million barrels of 95.8 million barrels per day.

If IEA flies to OPEC’s consent, the markets for three years will finally disappear in 2017.

Saudi Oil Minister: I do not lose sleep over the shale

Despite stunning growth, analysts warn prices not to be higher.

The reason is that higher oil prices are likely to bring American shale manufacturers to the market again. According to the Baker Hughes, the total number of active oil rigs in the United States stopped in 591. It’s more than 152 this one year ago.

According to the OPEC report, in January January, January, about 200 million barred shares.

“This broad increase of the resources resulted in the US WORKER manufacturers, the OPEC contract, and instead of using the rallea, and instead of the city index, Fiona Cincotta.

More supply can put the OPEC under pressure again.

Cnnmoney (London) First, February 13, 2017: 9:13 AM