Why wont Lower Crude oil prices look lucrative at such levels when.economy demands a booster of such sort. #6 Reasons why crude oil will edge higher presented by COMMTATHYA.

1. #6 REASONS
Why Crude Prices
Will Edge Higher?

2. #1 Lower Crude Oil
prices to boost Demand
across the world

3. #2 US Production Cuts
 Oil rigs have fallen more than 40%
 Cost of production causing
nuisance for producers

4. #3 Spending Cuts
 Russia itself expected to cut 7% in
total spending

5. #4 Non OPEC supply
cuts to start

6. #5 Forecast by IEA, EIA and
OPEC about demand
recovery in H2 2015

7. #6 Saudi Arabia raising OSP (Official
Selling Price) to Asia and US – A sign
of stronger demand

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