Long term OIL

[botany]

There is  agreement between Russia,Opec  to frozen oil input on current level.Price has been pumed  5%  and
dumped 5%oil  price will not rise for long time

There is an agreement between Russia and Saudi Arabia (not OPEC).
Given that there is a supply glut, freezing oil production at current levels won't help.
There has to be a production cut.

[Zeke2345]

Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.

[jaysabi]

India and China have greatest population rise and they will determine will it be oil consumption increasing.
And nothing can be done if you dont stop rise of population.
Oil consumption will be increased with other segments, production of food, electricity..

The oil consumption is China is falling. And I expect the same to happen with India in a few years time. The Chinese government is rapidly replacing gasoline with natural gas, due to the extreme atmospheric pollution which is affecting the major cities such as Shanghai and Beijing. The Chinese oil consumption will rapidly decline in the near future.

China's oil consumption is definitely not falling. It may in the future, but it's highly doubtful anytime in the near future based on how rapidly it's currently increasing.

There are around 1 billion people alone in china and india who dream to live like westerners.
(Around 1,5 billion more people in 3rd world and emerging countries)

Oil is the cheapest way to get them their.

If indian and chinese economy are doing fine there consumption will increase by a lot in the future.


Btw. What is the actual US oil production?

In answer to your question:

[jaysabi]

The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.

[MedaR]

I can assume many oil fields are under control of Isis.
Wondering how Turkey can get away with this?
Easy they just supporting Isis because they don't like Kurds (Kurds are fighting against Turks and Isis)..
  All that iol is more than welcome to Turkey.
http://www.globalresearch.ca/russia-counts-12000-turkey-bound-isis-oil-trucks-from-iraq-and-syria/5497998

Must see:
https://www.rt.com/news/327071-russian-airstrikes-isis-oil-tankers/

"With oil prices hovering slightly above $30 a barrel, the Russian government might be forced to revise its 2016 budget and look to other creative options as officials worry prices could stay low for the foreseeable future."
From: http://www.ibtimes.com/russias-oil-crisis-could-last-decades-officials-prepare-worst-case-scenario-prices-2263267

Main goal to destroy Russian economy!
http://www.pravdareport.com/world/asia/03-04-2014/127254-saudi_arabia_russia_obama-0/

[romero121]

There is  agreement between Russia,Opec  to frozen oil input on current level.Price has been pumed  5%  and
dumped 5%oil  price will not rise for long time

There is an agreement between Russia and Saudi Arabia (not OPEC).
Given that there is a supply glut, freezing oil production at current levels won't help.
There has to be a production cut.

But they ended up as it won't help in economy. Saudi has not agreed because they are the one who got affected badly compared to all other gulf nations. This production cut may affect much badly.

[expert4knowledge]

Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.

I expect prices increase, specially after agreement  between some countries that produce oil here.

[Rotator]

Venezuela was also in on that deal and it caused oil to spike but returned back to original price.

Still expect a oil rebound in the next year.

I expect prices increase, specially after agreement  between some countries that produce oil here.

It is inevitable, price must rise again.
They have great losses with this suppression of oil price.
We can expect more from APEC countries i guess.

[tyz]

According to the official report of the International Energy Agency (IEA) the world's oil demand has dropped from Q3/2015 to Q1/2016.
Source: https://www.iea.org/oilmarketreport/omrpublic/

The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.

[blto83]

how to invest on oil ?

[alva5763]

Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

[tyz]

In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

[Laosai]

Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it

[Laosai]

In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?

[Zeke2345]

Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it

Plastic is in the food,its not just in a plastic bag or the more obvious sources. The fact Europe is changing does not stop the third world Countries from going ahead as normal. The day of no oil are still a long ways off.
Funny aspect about being human is how quick we rush into a new source of energy or cheaper product to only find out later it was worse.

[lexuz]

how to invest on oil ?

i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

[guy_wonderful]

"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.

[Rotator]

"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.

Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

[Zeke2345]

"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.

Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

This is something that can go back and forth,reality is that things move at a slower pace than most would like.
As long as third world Countries are playing catch up Oil is the quickest way for them to achieve this.
Wars are still being fought over oil under the guise of freedom or Terrorism. Long as you still see that Oil will stay king.

[tyz]

The site is around the corner for over three years now. I made good experience. Good support and real time statistics and payout.

In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?