The group also refused last week to reduce Cause.movement.down.loss processing to revive Cause.movement.up.gain prices , sending Brent crude prices to a five-year low Position.low this week .

Now , either OPEC agrees to put a floor under prices in the short-term , or a prolonged period of lower Movement.down.loss prices starts to curb Movement.down.loss long-term investment or revive Cause.movement.up.gain demand growth , he says .

U.S. shale drillers plans to revive Cause.movement.up.gain its output in the Permian Basin , the energy giant announced Tuesday .

`` However , supply worries Negative_sentiment would ease even more should Iraq manage to push militants back to Mosul and also provided Iraq continues to revive Cause.movement.up.gain production . ''

While some in OPEC are starting to call for cuts Cause.movement.down.loss , core Gulf members are betting winter demand will revive Cause.movement.up.gain the market .

Fellow Gulf Arab ally and OPEC exporter Kuwait has already said that OPEC is unlikely to curb Cause.movement.down.loss oil output in an effort to revive Cause.movement.up.gain prices because such a move would not necessarily be effective .