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Expert views on oil prices may differ, but most clearly about future trends is the fact that investment managers are now more inclined to believe in the oil than ever, writes Bloomberg Business.

The total number of entrepreneurs who invest in the oil rose to the highest level since the days when the Commodity Futures US in 2006, the beginning of the collection of information by the Commission.

“At the same time on there are two sides of the market, hold the opposite point of view, – said John Kildaf, a partner at Again Capital LLC, a hedge fund in New York, focuses on the energy sector -. We are witnessing a struggle between those who believed that the bottom It has already been achieved, and those who believe that the decline “is another.

Recently there has been increased activity of exporters to stabilize the market. Six countries – OPEC members and two independent producers willing to participate in an emergency meeting, during which will be discussed in a consistent decline in oil production. This was stated by Minister of Venezuelan oil Eulogio del Pino, after consultations with his Iranian counterpart Bidzhanom Zanganeh in Tehran. Del Pino, in turn, paid a visit to Russia, Iran, Qatar and Saudi Arabia, hoping to get support.

“The joint efforts that could lead to an agreement between OPEC and other oil exporters have increased optimism and gave a clear hope that the price increase will not take long,” – said Michael Lynch, president of Strategic Energy and Economic Research in Winchester.