For the first time in four years, the price of oil fell below $ 30 per barrel

For the first time in four years, the price of oil fell below $ 30 per barrel

The fall in oil prices continued. Only over the past day, the price of a barrel collapsed by more than 15 percent. For the first time in a long time, a barrel of Brent black gold fell below the psychological mark of $ 30 (for the first time since January 2016).


The result of $ 29,60 per barrel was recorded at night in Moscow. By morning, the barrel won back its fall, rising again above $ 30. As of the current moment, the “barrel” of oil is trading at around $ 30,5.

Large international sites are changing their forecasts for the 2nd and 3rd quarters of this year. So, according to experts of Deutsche Bank for this time period, the oil price will average $ 25 per barrel. This despite the fact that initially the same German experts gave a forecast for 53 dollars.

The meeting of the OPEC + technical committee scheduled for March 18 is canceled. Experts believe that this fact added additional uncertainty to the market, because the barrel sagged below $ 30.

An additional negative impulse for oil is given by the coronavirus pandemic. The Russian government announced that the Russian economy is undergoing a “double blow” under such conditions: from COVID-19 and falling oil prices.
Photos used:
Facebook / Lukoil
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  1. Krasnodar 17 March 2020 06: 39 New
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    Skolkovo will pull us lol
    1. Same lech 17 March 2020 06: 43 New
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      Skolkovo will pull us

      Well, black humor of course ... but when the oil pandemic reaches you it will no longer be funny ...
      1. Krasnodar 17 March 2020 06: 56 New
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        I'm already sad since 2015)).
        1. askort154 17 March 2020 07: 51 New
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          Krasnodar ....I have been sad since 2015))

          Чемодан, вокзал - и снова в Израиль. hi
          1. Krasnodar 17 March 2020 07: 56 New
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            Так я в 2015-м в Израиле в основном и жил - минимум половину времени lol
    2. kjhg 17 March 2020 06: 58 New
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      Quote: Krasnodar
      Skolkovo will pull us lol

      Rather drags along
      1. Aerodrome 17 March 2020 07: 24 New
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        For the first time in four years, the price of oil fell below $ 30 per barrel
        classes!
    3. smart ass 17 March 2020 11: 52 New
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      For 30 years they have been building an economy independent of energy resources and suddenly a barrel of oil and bam sneaked up! Who's guilty? Trump? State Department? Coronovirus?
      1. Krasnodar 17 March 2020 11: 53 New
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        Mentality.
      2. NIKN 17 March 2020 11: 59 New
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        Yes, it is interesting that oil prices have fallen around the world, and only the ruble has dipped specifically from currencies. This is despite the fact that "... we will survive the crisis better than anyone else ..." as they said ...
        Judging by the information provided, whoever suffers, the dollar should already cost 68 kopecks, but no .... soon 100 rubles will be.
  2. regdan 17 March 2020 06: 45 New
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    It's time to get into the pockets of the Russians to maintain the oligarchs ...
    1. DMB 75 17 March 2020 07: 00 New
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      They will rob again, that's how it is.
    2. Rurikovich 17 March 2020 07: 04 New
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      Quote: regdan
      It's time to get into the pockets of the Russians to maintain the oligarchs ...

      And this is the normal practice of any government, be it Russia, Belarus or Burkina Faso yes request
      1. onix757 17 March 2020 07: 38 New
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        be it Russia, Belarus
        In Belarus, which has no natural resources, retirement at 58 and 63 years old, respectively, and without any points. In the Russian Federation ... you know yourself. So, one should not put in one line the anti-people’s policy of the Russian Federation and socially oriented in Belarus.
    3. Mitroha 17 March 2020 07: 04 New
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      Quote: regdan
      It's time to get into the pockets of the Russians to maintain the oligarchs ...
      Reply

      In the morning I threw it in and started playing the day with new colors.
  3. Sarduor 17 March 2020 06: 47 New
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    The Saudis offered Europe oil at 25, that’s a fever
  4. Mitroha 17 March 2020 06: 53 New
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    So, according to experts of Deutsche Bank for this time period, the average oil price will be $ 25 per barrel. This despite the fact that initially the same German experts gave a forecast of $ 53.

    Experts are such experts. Almost like English scientists and Russian meteorologists. Not a job, but a dream.
  5. Mytholog 17 March 2020 06: 58 New
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    To the Saudis - shitty, to the American shale - shitty, ours - also shitty. No matter where you look, no one wins; everyone makes sacrifices.
    One only wins. It turns out that everything was done so that the Yankees did not worry and chose Trump again.
    Weak bets on him are being made, as I look.
    1. voyaka uh 17 March 2020 10: 54 New
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      Not everyone. Oil importing countries are excellent. India, China, USA, Europe, Australia.
      Such prices for raw materials will help China quickly get out of the failure created by the epidemic. They have already curbed the epidemic, factories are starting to work. China will pull the rest.
  6. rocket757 17 March 2020 07: 11 New
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    Весь мир трясет, не только от вируса ... экономические "вирусы" или "черные лебеди" прилетели и всех будет трясти! Вот и увидим, у кого фундамент покрепче??? Хотя, предпочтительнее было б всё это наблюдать издали ... не получится.
    1. Mountain shooter 17 March 2020 07: 23 New
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      Quote: rocket757
      The whole world is shaking, not only from a virus ... economic "viruses" or "black swans" have arrived and everyone will shake! So we'll see who has a stronger foundation ??? Although, it would be preferable to observe all this from a distance ... it will not work.

      Nobody can watch from the side ... My friend from the USA writes that his pension savings are melting before our eyes! I asked - why? And very simple, it answers. Savings - in pension funds. And the funds' money - invested in securities that are traded on the stock exchange ... The stock exchange dipped - and he can see how much his accumulations have withered. At the moment, according to Misha, 30 percent.
      1. rocket757 17 March 2020 07: 30 New
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        I have neighbors, pensioners from Germany ... from emigrants and other troubles washed away, as it seemed to them, but no. The news does not come to them, not the most, not the most from there! If they have one, but we already have three families bought a house, live, and another family is on the way.
        The crisis has just begun, and the people, where there are many, are already “shaking” ... despite the fact that our people are not massively infected with the “shake”, only a part is special.
      2. unhappy 17 March 2020 07: 34 New
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        MMM was also called securities. You can't trust anyone negative
      3. kjhg 17 March 2020 07: 40 New
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        Quote: Mountain Shooter
        . My friend from the USA writes that his pension savings are melting before our eyes!

        Poor, poor American retirees. I'm so sorry for them. But even more sorry for our oligarchs and governors. They also have stock prices collapsed. What will happen to them now? Is it really necessary to forbid your wives to fly their own planes every week to shop in Milan and Paris? Well, I do not. This must not be allowed! It will be a shame for a country if they cannot afford it. The honor of the country is above all! I am sure that Putin’s greatest genius of all time will find ways and means to support these unfortunate people.
    2. Fat
      Fat 17 March 2020 07: 35 New
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      Quote: rocket757
      Весь мир трясет, не только от вируса ... экономические "вирусы" или "черные лебеди" прилетели и всех будет трясти! Вот и увидим, у кого фундамент покрепче??? Хотя, предпочтительнее было б всё это наблюдать издали ... не получится.

      I've been all lately in connection with
      1. Coronavirus
      2. Amendments to the Constitution
      3. Oil quotes
      4. Family troubles
      I recall the story of R. Sheckley
      "Ticket to the planet Tranay." In where the life of a simple citizen is beautiful. I envy slightly))))
      1. rocket757 17 March 2020 07: 44 New
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        There are places on our planet where nobody is shaking from anything ..... life is simple, measured.
        But we are not there, we are here ...
        1. askort154 17 March 2020 08: 01 New
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          Century-old Russian wisdom - "good where we are not."
          Побывал более чем в 20 странах. На вопрос, где бы согласился жить - ответ однозначный - в России ! yes
          1. rocket757 17 March 2020 08: 34 New
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            From a distance, everything seems different ... and so, we have "more and more fun" and many are impressed.
        2. Vol4ara 17 March 2020 09: 18 New
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          Quote: rocket757
          There are places on our planet where nobody is shaking from anything ..... life is simple, measured.
          But we are not there, we are here ...

          To Siberia to the Old Believers
          1. rocket757 17 March 2020 09: 25 New
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            It’s also an option, but there are places ... warmer, there bananas on palm trees grow, and not in "magnets" and "purchases."
  7. Paul Siebert 17 March 2020 07: 47 New
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    In such conditions, the Russian economy is experiencing a “double blow”: from COVID-19 and falling oil prices.

    As for oil, Russia undoubtedly suffers losses. But where does the coronavirus come from?
    The enterprises work, in the shops the shelves are not empty like in Europe, the street is full of people.
    Sobyanin, crazy about the Moscow monstrously swollen moshny, joyfully began to spend the loot, pumped out, as usual, from all over Russia.
    Теперь ему не нужно выдумывать новые мегаразвлекательные комплексы, загородный метрополитен и четвёртые-пятые-шестые кольца вокруг Третьего Рима.
    The goal is clear - Sobyanin will save the people!
    The Moscow.
    Isolates Moscow from the rest of Russia. It is high time...
    It has been a de facto enclave for a long time.
    Good luck! wink
    1. Mordvin 3 17 March 2020 08: 04 New
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      Quote: Paul Siebert
      As for oil, Russia undoubtedly suffers losses. But where does the coronavirus come from?

      А уже заранее подумали, что надо призрак грядущего кризиса свалить на эту болячку. Потом ещё и себя, любимых, похвалят: "Во, какие мы молодцы, справились со страшенной чумой 21-ого века! Да если бы не мы, полстраны бы вымерло, да если бы..."
    2. donavi49 17 March 2020 09: 26 New
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      The global world is the same. Well Fargo - already lost 50% of the cost. Deutsche Bank is about to bend. Yesterday in the USA there was a record drop in indexes on points. Europe is falling.

      I’m going to go to work if, say, your factory does something, from which something else is made in Europe. However, the factory in Europe is quarantined. And its cost dives losing 10-15% per day.

      And yes, in 2008, one bank in the USA also closed, and slammed around the world wink . That in Chelyabinsk or Naberezhnye Chelny as in the 90s, for 2-3 months people were sitting without salaries, for a 2-3 day working week.

      If Trump can’t put out the market with trillions (and they have already given up the idea of ​​putting out 500 billion a day, now trillions of REPOs are flying into the furnace). That crisis will hit harder than in 2008. The Golden Three (JPM / BAC / WFC - lost 40-50% today). Enterprises are also very difficult. Boeing is already in 2013.
    3. common man 17 March 2020 09: 29 New
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      Quote: Paul Siebert
      Now he does not need to invent new mega-entertainment complexes, a subway and fourth-fifth-sixth rings around the Third Rome.
      The goal is clear - Sobyanin will save the people!

      Here the rings come in handy "around the Third Rome." To expose the cordon in order to isolate itself from the rest of Russia.
  8. Karaul73 17 March 2020 07: 59 New
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    Quote: askort154
    Krasnodar ....I have been sad since 2015))

    Чемодан, вокзал - и снова в Израиль. hi

    В Израиле хоть вылечат! Вы отправляете человека в лучшую жизнь.
    1. askort154 17 March 2020 08: 14 New
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      Sentry 73.
      In Israel, at least heal! You send a person to a better life.

      Он сбежал из Израиля в Краснодар. Здесь торгует яблоками, но душой и страданиями по Израилю - на сайте ВО. Как говорят в России - "засланный казачок" на ВО. yes hi
  9. Karaul73 17 March 2020 08: 16 New
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    Quote: askort154
    Sentry 73.. Suitcase, station - and again to Israel.
    In Israel, at least heal! You send a person to a better life.

    Он сбежал из Израиля в Краснодар. Здесь торгует яблоками, но душой и страданиями по Израилю - на сайте ВО. Как говорят в России - "засланный казачок" на ВО. yes hi

    So many do. They take bread with butter and caviar in Russia, and spend money and rest in the hated Europe or the states, teaching others.
    1. 16329 17 March 2020 11: 09 New
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      On the contrary, it’s much more convenient now, due to exchange rate differences
  10. sanik2020 17 March 2020 11: 29 New
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    As was the case in the past and the year before last crisis, the oligarchs were compensated for their losses from the budget and the people are saved themselves.
  11. gig334 17 March 2020 12: 25 New
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    Ничего страшного, у бизнес элиты есть подушка безопасности, это карманы простого народа.
  12. Alexey from Perm 17 March 2020 12: 50 New
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    For this, we thank Mr. Novak and our entire government)), headed by Putin. Has life become more fun?