1- Iran's return to the export of oil: After the signing of the nuclear deal between Iran and "5 +1", composed of the United States, Russia, China, France, Britain and Germany, in January, was raised a large portion of imposed on Iran international sanctions, and thus will be able to this country from access to international oil markets more easily, and is expected to trade in its neighbor, Iraq's oil production.
According to OPEC statistics, Iran's crude oil production of around three million barrels per day, while expecting the International Energy Agency that production increases by three hundred thousand barrels per day, with the end of this year. This increase in the amount of oil available globally will have an impact on prices as well.2 Fear of China: Strange it seems that investors are talking about the economic crisis in China when looking at the rates of growth in GDP of 6 % , but observers fear that the official figures hide the darker of the Chinese economy image ; The collapse of China's capital market in the beginning of the world was a warning sign in around the world that the Chinese economic miracle may come to an end .
In the past ten years , Chinese oil consumption from seven million to 11 million barrels per day has risen ;
and therefore it is no wonder that China's economic crisis indicators may affect global oil prices. 2- Increase Iraq's production : The world did not pay attention to Iraq last year was the second country in the world , which has seen an increase in oil production ; In spite of the conflicts taking place in this country was able to increase its production of crude oil from 3.3 to 4.3 million barrels per day. This estimated increase of one million barrels equivalent to the entire production of Algeria , the third largest oil producer in Africa. At the moment,
Iraq is producing more oil than it produced before the US invasion in 2003. Most of Iraq's oil comes from the Kurdish autonomous regions in the north, and the relative safety . 3- Aft Ocean in Brazil : Brazil also states that increased its oil production over the past few years ; Between 2013 and 2015 the Brazilian production rose from 2.6 to three million barrels per day. According to OPEC statistics ,
it has been drilled 72 new wells for oil in Brazil over the past year , compared to B87 wells in 2014 . Brazil has also strengthened its position in the world leader in the extraction of oil from deep-sea technology , after the discovery of large quantities of oil at depths ranging between four and eight kilometers between the layers of rock and salt