December 2018 ... Declaration of the agreement OPEC Plus to reduce the production of oil beginning in 2019 and for 6 months by 1.2 million barrels per day, which resulted in the price of Brent crude rose by 14.81% since the beginning of 2019 from a level of 52.51 dollars a barrel until Its peak at $ 63.63 a barrel so far

Crude oil has also risen since the beginning of 2019 by 15.25% from a low of $ 44.35 a barrel to a high of $ 55.75 a barrel so far

The Kingdom of Saudi Arabia reduced its oil production by more than 400 thousand barrels per day from 10.643 barrels per day in December 2018 to about 10.24 barrels per day in January 2019, which is more than the required reduction rate of about 70 thousand barrels per day according to the agreement OPEC , which referred to the reduction of the Kingdom's oil production at the level of 10.311 million barrels per day only

As a sign of Saudi Arabia's commitment to the OPEC deal, the kingdom plans to export 7.1 million barrels per day (bpd) in February after exporting 7.2 million bpd in January, despite the record levels of US crude exceeding 11.9 million bpd. The United States, the world's top oil producer, is superior to the big producers Saudi Arabia and Russia

Azerbaijan is not a member state of the Organization of the Petroleum Exporting Countries, but is a member of the OPEC agreement alliance, which requires it to reduce its oil supply by about 20 thousand barrels per day during the half The first of 2019

The meeting of OPEC oil ministers to discuss the extension of the OPEC Plus agreement for another six months ending at the end of this year, here geopolitical images diverge as the difference in the representation of Venezuela, a member of the organization, which is witnessing so far a power struggle between President Nicolas Maduro, From about 40 countries, led by America Trump, which supports interim President Juan Guido, to highlight the important question ... If the crisis of Venezuela to this date without a decisive solution, who represents Venezuela in the meeting, especially with the support of Russia and Iran to Maduro and support of America and its allies to Guido ?!

May 2019 ... the end of the deadline for the US exemption for eight countries from the ban on the import of Iranian oil, which guarantees the export of Iran to only 1.2 million barrels per day of oil and gradually seeks to export oil exports from Iran to the outside world during the second half of 2019, Iran on top producers if this actually happens despite technical and economic difficulties to compel Iran to zero exports.

Finally, before the oil in the first half of 2019, the risks of the trade war, the slowdown of China's growth and the US interest rate, as well as those of Iran and Venezuela, which face US sanctions on their oil sector ... Noting the current silence of Tramb about OPEC's criticism, As well as temporary suspension of the US Nubeek Act, which lifts the sovereign immunity of OPEC members and allows for the prosecution of Americans ...

The question remains ... Is it surprising! ... Does any of the current oil data differ with the hottest date events by the end of the first half of 2019 to see the October 2018 price levels? ... Probably