daily January 8,

2017, Beijing Institute of Technology Center for energy and environmental policy research in Beijing held the 2017 annual “energy economic forecast and Outlook report conference, released the” supply side under the background of the reform of China’s Energy Outlook “,” 2017 economic situation of petroleum industry outlook forecast and Outlook “report six.

In 2016 the international oil prices as a whole showed a gradual upward trend from low, from the beginning of around $30 / barrel began to rise, due to increased demand, Asics Pas Cher the supply side of the supply and demand situation of the low, from 3 months onwards, oil prices continued at $40 / barrel -50 dollars / barrel to smooth fluctuations. Among them, although the United States announced crude oil inventories increased continuously makes oil prices fell slightly, fell below $40 a barrel, but “good news”, adidas zx 700 mujer non OPEC countries output by 1 million barrels a day, in addition to support at the end of production agreement on oil prices is more powerful. As of December 31, 2016, kanken baratas Brent oil prices from a minimum of $26.01 / barrel rose to $54.56 / barrel, WTI oil prices from $26.19 / barrel low rise to $52.99 / barrel, respectively than the lowest rose $28.55 / barrel and $26.80 / barrel.

“Prediction” analysis and trend of international crude oil prices in 2017 report, Lv Xin believes that in 2017, global oil supply and demand gap, demand growth exceeds supply growth, supply and demand situation appears to reverse the continuous phase.

The report pointed out that from the fundamentals of view, Air Jordan 11 2017, India benefit from the steady development of the economy, the global economy in the doldrums slightly stabilized; OPEC countries reached a consensus agreement to cut output, the world crude oil supply and demand will lead to improved or oil prices rose slightly further. From the demand side, the world oil demand showed a slightly rising trend; from the supply side, OPEC and non OPEC countries headed by Russia’s agreement to cut production practice smoothly, Los Angeles Angels Jerseys become the key factors affecting the world supply of crude oil production, if successful, in 2017 the global crude oil supply growth will be significantly reduced; considering the influence of other OECD countries, Jamie Collins global crude oil inventories rose steadily in the situation will appear.

The report also said that in 2017 the non fundamental factors of the formation of a favorable expected oil prices rose slightly; on the other hand, also increased the risk in the oil market, the possibility of increasing the volatility of international oil prices.

In 2017, the crude oil market supply and demand situation will be at the end of the multinational production agreement, investors or will continue at the end of 2016 strong bullish trend, which will boost oil prices in 2017. Analysis of crude oil fundamentals and non fundamental based on Lv Xin that, in all kinds of factors, 2017 Brent, WTI two, significantly reduced price, Houston Rockets international crude oil price volatility, Soldes Nike Pour Homme showed a slight upward trend. Brent, WTI is expected to average crude oil price of $60 / barrel and $62 / barrel,