Baku – APA-Economics. Oil prices are continuing to fall in the world markets. This was reportedly caused by plans of non-OPEC countries regarding oil production in 2015.
According to Bloomberg, non-OPEC countries will increase demand for oil if the oil production rises.
The agency says oil production is expected to increase in the countries such as Azerbaijan and Brazil.
One of the causes for price crisis in the market is expectations of annual meeting of OPEC members on November 27.
Oil price fall will continue till decision to be taken by the OPEC on decline of oil production.
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