Decline order in oil

In the past oil shortage is one of the problems that All countries in the world are faced with. The oil producers regions in the past time such as the Middle East, South Africa, even tried to build the Celtic alliance in order to get greater benefits. 

And with the global supply of crude oil continues to increase, today's market is facing a new challenge, the oil storage facility is close to saturation. The oil analyst in brokerage PVM  analysis that the saturated oil saving space will lead to decline order in oil. Thus put an end to the investor optimism on the oil market. 

The most pessimistic recently expectations are from PIRA. They said the original saving land space may be run out in the first quarter of 2016. Land saving space close to the saturated forced investors to seek a new storage solution - tanker storage. And it will make the land oil storage costs of $0.40 a barrel before, rose to $1.30 a barrel. According to estimation the from Energy Aspects. This is undoubtedly a disaster for investors of crude oil. 

Expected only when crude oil prices continued to fall until $35 a barrel, as investors can profit under the condition of sea storage solution. Moreover, due to the lifting of sanctions on Iran, more Iranian oil will enter the market, global oil production will rise further. So for the foreseeable future, crude oil prices will continue to fall.

 http://www.wsj.com/articles/crude-moves-out-to-sea-as-inventories-swell-1449864003