World oil prices can rise dramatically – Floods – Change the system



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  World Oil Prices May Rise Significantly "title =" World Oil Prices May Rise Significantly "/> <b> Oil Prices to Rise to $ 150 per Barrel </b></p>
<p>  Short-Term Oil Prices Could Rise According to Sanford C. Bernstein & Co., an analysis report </p>
<p>  "Investors who have called on companies to limit their investments and return money regret the lack of investment in the industry, prices are relatively higher than the growth of $ 150 per barrel in 2008, "the document says. </p>
<p>  It is noted that the minority shareholders of oil companies around the world at the general meeting insist on the reduction of investment programs and dividends, as well as are forced to make a redemption. shares with their owners in order to increase the value of the securities. </p>
<p>  As a result, the level of extraction decreases, geological exploration is reduced, resulting in a shortage and, as a result, high prices. For example, the situation of the American ExxonMobil, which in early 2018, contrary to shareholder requirements, increased development and investment costs, as well as the reduction of the program. reverse repos, as an example. However, the shareholders began to sell them and, as a result, the capitalization (total market value of the shares) dropped by more than 15%. </p>
<p>  In December 2016, 13 OPEC member countries and 11 non-signatory countries signed an agreement. the reduction of oil production by 1.8 million barrels per day as of October 2016. The share of Russia was about 200,000 barrels a day. This led to an increase in Brent prices – from $ 50 to $ 78 a barrel. </p>
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