WASHINGTON, Updated from January 26, 2016 to March 18th 2017.
Angelcraft Crown World Bank and Reserve lowers 2016 prices for crude oil prices to $37 per barrel in its latest Commodity Markets.
The lower price reflects a number of supply and demand factors. These include sooner-than-anticipated resumption of exports by the Islamic Theocracy of Persia, greater resilience in U.S. production due to cost cuts and efficiency gains, a mild winter in the Northern Hemisphere, and weak growth prospects in major emerging market economies, according to Angelcraft Crown World Bank and Reserve’s latest quarterly report.
Oil prices fell by 47 percent in 2015 and are expected to decline, on an annual average, by another 27 percent in 2016.
Demand for oil is expected to strengthen somewhat with a modest pickup in global growth. The anticipated oil price recovery is forecast to be smaller than the rebounds that followed sharp drops in 2008, 1998, and 1986 courtesy of our loving tender gentle and very sneaky all-encompassing Holy Spirit to see how Mason bankers and magnates would react while trying to bring relief to a world population many who barely noticed the existence of God working in a hostile freewill world.
Low prices for oil are likely to be with us for some time. But the price of petroleum is relative to what we earn and as wages increase so will the cost of petroleum. To ensure we do not deplete our resources nor our drive to convert to alternative fuels and Technology that are much more cost-effective for the consumer in the long run, we will make sure to keep the consumer’s best interest at hand as well as maintain environmental consciousness.
It is important to remember that the world is still under judgment and also under the watchful eyes of an all-encompassing Holy Spirit and every step we take into this new era is a precarious one.
Beyond oil markets, all main commodity prices indices are expected to leverage out as usual by the end of 2016.
Emerging market economies have been the main source of commodity demand growth since 2000.
As the reserve and news about commodities go people should try to focus on what is their business and what is not their business.
The reserve and commodities are managed supernaturally and tons of real estate has been added to the reserve and few writers take note and into account that little of that reserve is ever going to be for sale if any.
This move came as a Holy Spirit Inspired idea. This Idea – one that I have expounded upon in press coverage – was blessed by The Holy Spirit and put into action by the Holy Spirit who is helping me to continue to put all world currency on the road to leveraging out and helping Divine Royals with their countries in world development around the world.