British Petroleum (BP), 2018 World Energy statistics view and recent reports compiled according to the U.S., oil and petroleum products production in the summit took place last year. According to the report, the United States was the world's largest producer of oil and oil products for four consecutive years. In January 2017, Saudi Arabia and Russia, which went to restrict crude oil production levels to lower the supply surplus in the global oil market, dropped oil production last year. The eyes are now translated into the OPEC meeting, which will take place on June 22nd, and it is known that the two countries have brought up a number of production plans to increase production. As a matter of fact, Saudi Energy Minister Khalid Al-falih noted that they expect to have a reasonable and moderate agreement next week, while they did not expect to have a dispute with Iran and Venezuela, and stressed that oil production from different sources would increase by 1.8 million barrels per day. Falif also pointed out that the Agreement is inevitable against the question of increasing oil production gradually. Other than that, Donald Trump complained about the high oil prices and OPEC was behind this. At the recent Federal Open Market Committee (FOMC) press conference, Jerome Powell, the President of the Bank of America, said oil prices rose dramatically and triggered inflation. Finally, the number of drilling wells in Baker Hudges, which has not been decreasing since 10 weeks, will be monitored.Technical point of view, 75.50 75.15 and 74.40 Support levels in the course of the dealer 75.50 75.15 and 74.40 Support levels in the upward attacks up to 76.20, 76.90 and 77.35 resistance levels can be seen.
