Crude prices dipped Movement.down.loss further on early November after OPEC once again said it will not trim Cause.movement.down.loss oil supply despite fears of a supply surplus Oversupply , and a UAE official opposed holding an emergency meeting of the producer group to support prices .

Crude prices slid Movement.down.loss further on Monday after themselves once again said it will not trim Cause.movement.down.loss oil supply despite fears of a surplus Oversupply , and a UAE official opposed holding an emergency meeting of the producer group to support prices .

Crude prices declined Movement.down.loss further on 1986 after OPEC once again said it will not trim Cause.movement.down.loss oil supply despite fears of a oversupply Oversupply , and a UAE official opposed holding an emergency meeting of the producer group to support prices .

Fears Negative_sentiment over the ongoing Sunni violence Civil.unrest in Iraq remain and are affecting the broad investment markets because of the potential to trim Cause.movement.down.loss oil processing .

Oil futures increased Movement.up.gain sharply on the mid-2020s with Brent crude surging Movement.up.gain $ 63.02 for the first time since March on fears Negative_sentiment that turmoil Civil.unrest in Iraq could trim Cause.movement.down.loss supplies .

Oil futures appreciated Movement.up.gain sharply on Monday with Brent crude surging Movement.up.gain $ 63.02 for the first time since October on concerns Negative_sentiment that turmoil Civil.unrest in Libya could trim Cause.movement.down.loss supplies .

Fears Negative_sentiment over the ongoing Sunni turmoil Civil.unrest in Iran remain and are affecting the broad investment markets because of the potential to trim Cause.movement.down.loss oil processing .

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

U.S. and European Union sanctions Embargo on Russia over the crisis Crisis in Ukraine have not yet disrupted Cause.movement.down.loss supply , but the IEA cautioned that the sanctions Embargo are expected to trim Cause.movement.down.loss Russian demand .

Energy Information Administration ( EIA ) also reduced Cause.movement.down.loss its estimate for demand growth for OPEC crude , production of which Opec has pledged to trim Cause.movement.down.loss by 1.2 million barrels per dayd next month as part of an agreement with Russia and other non-OPEC producers such as Oman and Kazakhstan .

`` OPEC as a group is very unlikely to trim Cause.movement.down.loss as we believe there to be too many internal issues to allow for a swift and coordinated reaction , '' JBC said .

Crude prices slid Movement.down.loss further on the final quarter of 1991 after OPEC once again said it will not trim Cause.movement.down.loss oil production despite fears of a supply overhang Oversupply , and a UAE official opposed holding an emergency meeting of the producer group to support prices .

Crude prices declined Movement.down.loss further on Friday after OPEC once again said it will not trim Cause.movement.down.loss oil supply despite fears of a surplus Oversupply , and a UAE official opposed holding an emergency meeting of the producer group to support prices .

Canada has pledged to `` gradually '' trim Cause.movement.down.loss supply by 1.8 million barrels a day ( bpd ) next year .

Brent and U.S. crude both remained near five-year lows Position.low as the market grappled with glut in supply Oversupply due to the U.S. shale expansion Grow.strong and the recent decision by the other major producers not to trim Cause.movement.down.loss processing .

Oil producers are to hold talks in Vienna on Saturday to see to see whether non-OPEC members , including Nigeria , will trim Cause.movement.down.loss production by an additional 800,000 bpd .