#6 REASONS Why Crude Prices Will Edge Higher?

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

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

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

#4 Non OPEC supply cuts to start

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

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

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