The Oil Supply and Demand Pattern of Shocks

U.S. stocks rose to boost market sentiment, 28, oil prices rebound in New York.The New York stock market indexes rose 28, over the previous five losses. A drop in oil prices also end of New York, affected by factors such as buy on dips closed higher. However, still shadow of global oil supply exceeds demand market. Market expectations after the sanctions on Iran, Iran's oil export volume will increase in the future. In addition, in July to improve Iraq's oil exports. These continue to increase the market for the concerns of the excess supply of crude oil.The market pay close attention to the United States energy information administration 29 will be published last week, crude oil data, analysts expect the us crude oil inventories last week will rise.

Finished by the end of the day, the New York mercantile exchange, September delivery of light crude oil futures prices rose $0.59, closed at $47.98 a barrel, up 1.24%. September delivery in London, brent crude oil futures fell $0.17 to settle at $53.3 a barrel, or 0.32%.

Also have analysts believe that the market may have been too pessimistic, Iranian crude stirred international crude oil market will not be easy. First of all, for the parties to reach an agreement, the market already has forecast. In April this year, the Iranian nuclear issue after the advent of the framework agreement on the international crude oil market began to measure how much the potential size of Iran's new oil exports.In the short term, in under the action of market risk aversion, investors cautious for oil demand to rise generally, especially the recent Greek debt crisis worsened the mood of the investors. But the Egyptian pyramids energy strategy research center director of the research project, ahmed gandy said in an interview with our reporter, the possibility of future demand for oil to rise more, under the low oil prices to stimulate, whether it is used for consumption or reserves, global oil digestion speed will be faster in the...