Analysts predict that oil prices will stabilize in the second half of 2015 and rise in 2016 and 2017 as consumers increase demand due to lower prices. Oil prices now are half what they were this time last year as a result of a fall of 60% in oil prices between June 2014 and January 2015. As a result, motorists and businesses have increased their fuel consumption. This increasing demand is expected to dampen or eliminate any effect of Iranian oil hitting global markets if a nuclear deal is reached, which would increase supply by approximately 1 million barrels a day. “Global oil demand will surprise upwards, driven by the United States, China and emerging Asia,” said analyst Daniela Corsini.