and increase the oil production:
The main cause for the recent fall in oil prices is that weakening demand is being met by rising production. West African crude exports to Asia were near record levels in September, a Reuters survey of traders showed, and the North Sea market remained well supplied.
Production from the Organization of the Petroleum Exporting Countries (OPEC) rose, despite conflicts in Iraq and Libya.
OPEC, which supplies a third of the world's oil, raised its output in August from July, with higher supply from Libya, Angola and Iran, a Reuters survey found.
http://www.dailytimes.com.pk/business/30-Aug-2014/brent-oil-rises-on-ukraine-crisis-but-heads-for-monthly-fall
the result will be this:
“With the significant deterioration in the Ukrainian situation, markets may treat this as a Lehman-style shock,” Kantarovich wrote in an e-mailed report Friday. “Revisiting the post-Lehman lows would imply downside of 50 percent from an index perspective.”
The bank recommends reducing Russian investments because “markets may no longer assume a quick and easy resolution of the conflict and ‘worse before better’ seems a likely sequence.”
http://www.Newsmax.com/Finance/JPMorgan-Russia-Ukraine-stocks/2014/08/29/id/591641
Thanks AdmSmith.