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The prices of OPEC gradual rise inoil prices in the basket to record more than $ 106, noting that the rise is due to the low dollar and cold weather in the United States. The current week to a record 106 dollars and 11 cents earlier this month, 102 dollars and 45 cents per barrel.

The Secretary General of OPEC said that the production of oil said in a meeting of the organization that Iraq would soon produce oil from the South of it. There is no need to get tense over the fact that the production of oil from Libya is there no more. He speculated that very soon Libya would be back in oil production.

The reporter writes in its posts about one of the OPEC member, who said, "Oil market will rebound the end of the 2015". Obviously, the reducing oil prices will affect the economies, which are oil based economies, but this is fact, Oil industry is again going to rebound and the rates will increase again.