Named condition under which the Russian Federation will support the deal to reduce oil production

Russia is ready to make a deal to reduce oil production. This became known before the start of negotiations in the OPEC + format, which were postponed from April 6 to today - Thursday, April 9.

At the same time, the conditions under which Russia will reduce oil production are named. The main condition is a simultaneous reduction in the production of "black gold" by other countries involved in oil production and export.

In particular, all OPEC countries, as well as large exporters such as Norway, the USA, Mexico and others, should go for a reduction, as the Ministry of Energy expects.

Recall that at today's video meeting, OPEC + will discuss issues of reducing oil production, including the percentage of reduction each country is ready to take on to “stabilize the oil market”.

If we talk about oil prices before the upcoming conference, they stabilized in the region of 32-34 dollars per barrel. We are talking about Brent crude oil. At the moment, a barrel of oil of this brand is trading at a mark slightly above 33 dollars.

In this regard, it is important for Russia to find a suitable balance so that oil export revenues after volume reduction are not lower than those that are present at current price and volume indicators.

Comments

[rotmistr60]

The condition is reasonable and quite logical. And then the United States requires Russia and the CA to reduce production, but at the same time they themselves plan to increase. Not weird? Although this behavior of Americans has not been considered strange for a long time, it’s the norm, and moreover, it’s cynical-selfish with threats against other countries.

[Evdokim]

Quote: rotmistr60

The condition is reasonable and quite logical.

At the same time, the conditions under which Russia will reduce oil production are named. The main condition is a simultaneous reduction in the production of "black gold" by other countries involved in oil production and export.

In particular, all OPEC countries, as well as large exporters such as Norway, the USA, Mexico and others, should go for a reduction, as the Ministry of Energy expects.

Everything is reasonable, everything is logical. BUT how to make or talk all this horde led by the USA will agree, and it is important to observe what they agree on. This is unrealistic.

[military_cat]

The main condition is a simultaneous reduction in the production of “black gold” by other countries

So it was as if from the very beginning and was proposed by OPEC.

[michael2000]

Quote: military_cat

So it was as if from the very beginning and was proposed by OPEC.

But this was only true for the OPEC + member countries; the United States did not even plan to reduce oil production.

[letinant]

But this was only true for the OPEC + member countries; the United States did not even plan to reduce oil production.

I will supplement you a little bit, Mexico, Norway, Great Britain. These are all countries that are not OPEC members, when they dragged our country in, they dragged it. It became OPEC +.

[Stas157]

At first, Russia slammed the door loudly and the whole world heard that Russia would only increase oil production since April.

April is coming and everyone sees Putin’s demarche, which has already stated the opposite. Say, everyone understands that oil production must be reduced and it is ready for negotiations. True, the price of this evolution in consciousness was very destructive for the Russian economy.

Meanwhile, no one agrees (except for Putin) to return to the initial conditions that were proposed at the last OPEC + meeting, because the situation has changed. And everyone wants to approach a new (reduction) OPEC meeting with better production indicators.

[letinant]

Quote: Stas157

At first, Russia slammed the door loudly and the whole world heard that Russia would only increase oil production since April.

April is coming and everyone sees Putin’s demarche, which has already stated the opposite. Say, everyone understands that oil production must be reduced and it is ready for negotiations. True, the price of this evolution in consciousness was very destructive for the Russian economy.

Meanwhile, no one agrees (except for Putin) to return to the initial conditions that were proposed at the last OPEC + meeting, because the situation has changed. And everyone wants to approach a new (reduction) OPEC meeting with better production indicators.

I heard a ring, but you don’t know where he is. For starters, get acquainted with the background of the question, and only then bay.

[Malyuta]

Quote: letinant

I heard a ring, but you don’t know where he is. For starters, get acquainted with the background of the question, and only then bay.

Of course, I really apologize, but I would like to hear your version of ringing

[letinant]

Of course, I really apologize, but I would like to hear your version of ringing

Excuse me, but I do not want to retype the negotiation protocol. After analyzing the actions of the OPEC countries, before negotiations (increase in production not provided for in the original contract). This is a long time. The essence of all their actions is the reduction of oil production in Russia, Venezuela. The Arab countries were to remain with the production standards provided for in the original contract. Analog, increase in the price of goods, before the sale.

[Malyuta]

Quote: letinant

letinant (alexey)

Quote: letinant

(increase in production not provided for in the original contract).

Which contract? You will recall the chronology of events and who managed, having bowed down, to withdraw from the contract and increased production.
Then the “greats” at the local level got a response, set their tails between their legs and again, like, agreed to be cut.
Do you sweat at all, what's going on? You know that haprom has a 50% drop in sales, and why? Yes, because Sechin and Miller, according to the president, are the most top managers in the world and should receive millions per day.

[letinant]

Quote: Malyuta

Quote: letinant

letinant (alexey)

Quote: letinant

(increase in production not provided for in the original contract).

Which contract? You will recall the chronology of events and who managed, having bowed down, to withdraw from the contract and increased production.
Then the “greats” at the local level got a response, set their tails between their legs and again, like, agreed to be cut.
Do you sweat at all, what's going on? You know that haprom has a 50% drop in sales, and why? Yes, because Sechin and Miller, according to the president, are the most top managers in the world and should receive millions per day.

Here you are, come chronology, then me.

[yustas]

Plus, you, dear, at least, someone reads and delves into the essence of the issue, and not just carries a blizzard! For my part, I can add that ours did the right thing, because it’s nonsense that Russia is nearby and there are already sick people, it does not belong to the volume of production.

[Malyuta]

Quote: letinant

when they dragged our country, they dragged it. It became OPEC +.

Tell me, pliz, how the powerful RF was pulled into OPEC +.
What did they bring us to OPEC + on the lasso?
For YOU personally, I remind you that the Russian Federation was taken to OPEC with a "plus" at the request of Venezuela, now suddenly we slammed the door on our heads, having received trade at a loss and are ready to cut production all the same, but on tougher terms on their part.

[Alexander S.]

What were the initial conditions? And what are the conditions now?

[Overlock]

Quote: letinant

when they dragged our country, they dragged it. It became OPEC +.

nobody pulled anyone in: “The government of Russia ... agrees observer status in OPEC, but cannot join him as a full-time member ”- I. Sechin, 2015

[military_cat]

Quote: michael2000

But this was only true for the OPEC + member countries; the United States did not even plan to reduce oil production.

Then it is not entirely clear to whom Russia will set this condition at the "negotiations in the OPEC + format."

[Roman1970_1]

Quote: military_cat
So it was as if from the very beginning and was proposed by OPEC.

But this was only true for the OPEC + member countries; the United States did not even plan to reduce oil production.

So in the United States, antitrust law prohibits participation in any contract that will affect the price.
So the OPEC + agreement is only OPEC and Russia. Without anyone else.
And now Russia and OPEC will agree without the rest.
But why was the ruble dropped and lowered prices?

[Malyuta]

Quote: Roman1970_1

But why was the ruble dropped and lowered prices?

And this is for our leaders, who mistakenly considered the subsoil, their personal property is such a childish game "in strategy with show-offs", only their show-off is played only by the bearers.
And then the greatest sat in a puddle, traded, weighed, counted, shed tears.

[Lopatov]

Quote: michael2000

The US did not even plan to reduce oil production.

Strictly speaking, as far as I know, in the USA they simply do not have the right to agree on a reduction in production in order to increase prices.
So the United States is by default non-negotiable in this regard.

[Overlock]

Quote: Spade

So the United States is by default non-negotiable in this regard.

Mikhail Khazin: OPEC + is “a model of American market construction, which suggested that OPEC countries actually finance the American shale industry and give it the entire world market share. This situation was due to the fact that the prices were comfortable for shale producers (more than $ 60 per barrel), and OPEC countries themselves reduced their production. At the same time, Saudi Arabia had advantages, since it could give an additional premium to the price of oil and not reduce its markets
And then why should America agree?

[Lipchanin]

Quote: michael2000

The US did not even plan to reduce oil production.

And do not plan

4 hours ago, source: TASS
Trump said the US is unlikely to cut oil production
WASHINGTON, April 9. / TASS /. The United States is unlikely to agree to a reduction in oil production, coordinated with other participants in the global market. This was announced on Wednesday at a briefing for journalists in the White House by American President Donald Trump.

[Vladimir_2U]

Quote: Evdokim

BUT how to make or talk all this horde

But nothing,))) Put before the fact and all. Or all, and we - or some who are definitely not us.

[dgonni]

So a month ago Novak did just that. Oil down dolar up. You can make another approach. And get oil at the output of 10 rubles for 110. And then sanctions for oil exports.

[Vladimir_2U]

Quote: dgonni

So a month ago Novak did just that. Oil down dolar up. You can make another approach. And get oil at the output of 10 rubles for 110. And then sanctions for oil exports.

But is this not a reason to get rid of the dollar? And even threaten with bombing! For if you choose shame, you get both shame and war.

[Vol4ara]

Quote: Vladimir_2U

Quote: dgonni

So a month ago Novak did just that. Oil down dolar up. You can make another approach. And get oil at the output of 10 rubles for 110. And then sanctions for oil exports.

But is this not a reason to get rid of the dollar? And even threaten with bombing! For if you choose shame, you get both shame and war.

You can also abandon gold, otherwise when the ruble falls, gold, like the dollar, also rises in value. I propose to abandon everything that grows in price with the fall of the ruble and the growth of the dollar

[Vladimir_2U]

Quote: Vol4ara

You can also abandon gold, otherwise when the ruble falls, gold, like the dollar, also rises in value.

Some kind of flawed logic, the Americans will approve, but isn’t it easier to get attached to the same gold, or to the cost of kW / h?

[Overlock]

Quote: Vladimir_2U

But is this not a reason to get rid of the dollar?

International reserves of the Russian Federation - 551,2 billion US dollars
In what currency will you overtake?

[Vladimir_2U]

Quote: Overlock

551,2 billion US dollars
In what currency will you overtake?

I would be in charge of them, come up with something, but at least I would take destroyers from the Chinese, while the Chinese take dollars.

[Vladimir_2U]

Just some kind of holiday! Do minusers in dollars get a salary? Or in hryvnias.

[Vadim237]

Gold reserves of Russia 551 US dollars - this is the equivalent value in dollars there in bulk by the past euro euros yuan still gold bonds other precious metals and diamonds.

[Malyuta]

Quote: Vladimir_2U

To put before the fact and all. Or all, and we - or some who are definitely not us.

Curious, but not a new thought, can you continue?

[Vladimir_2U]

Quote: Malyuta

Curious, but not a new thought, can you continue?

To begin with, refute, and then we'll see.

[Malyuta]

Quote: Vladimir_2U

To begin with, refute, and then we'll see.

I am very sorry BUT., It is difficult and unnecessary to refute such geniuses of the economy as you. You will not be interested to hear that Russian oil, for God's sake, was sold at $ 13 per barrel.

[Vladimir_2U]

Quote: Malyuta

It is difficult and unnecessary to refute such geniuses of the economy as you. You will not be interested to hear that Russian oil, for God's sake, was sold at $ 13 per barrel.

I understand that your green candy wrappers have your eyes closed, but if the ruble was tied to at least gold, or to hell with it, to the yuan, the situation would have looked completely different. The binding to kW is, in principle, incomprehensible to you, I think.

[Malyuta]

Quote: Vladimir_2U

but if the ruble was pegged, or to hell with it, to the yuan, then the situation would look very different.

The Central Bank has already tried to buy up the yuan and get out of enemy securities, and at the same time they received the loss of many lards of taxpayer money when the exchange rate changed.

Quote: Vladimir_2U

but if the ruble was tied at least to gold, or to hell with it, to the yuan, the situation would have looked completely different. The binding to kW is, in principle, incomprehensible to you, I think.

I say that you are a genius of economics, only you have forgotten that 30 years ago the RUBLE of the USSR was completely "untied" from the dollar, the yuan and other paper junk.
Why invent something already invented?
It’s impossible to use the Soviet experience under the current regime, I hope there’s no need to explain the reasons

[Vladimir_2U]

Quote: Malyuta

I say that you are a genius in economics

Thank you, no one has insulted me yet!

Quote: Malyuta

only you have forgotten that 30 years ago the RUBLE of the USSR was completely "untied" from the dollar, the yuan and other paper junk.

I will not argue about the dollar, although this is not entirely true, but by the year 70 the ruble was definitely not tied to gold!

[Vadim237]

In fact, the Central Bank did not lose anything - since he did not sell stocks and yuan, it is just exchange waves today are going down and tomorrow are going up.

[carstorm 11]

and you don’t need to cheat him. he already speaks about it. Texas, for example, even without its approval, has already stated that it is ready to reduce. This situation is not beneficial for anyone.

[atalef]

Quote: carstorm 11

Texas, for example, even without its approval, has already stated that it is ready to reduce. This situation is not beneficial for anyone.

What about Texas?
Is this a company?
I want to see how someone by decree in America will prohibit something from being mined for the sake of cartel settlement.
Right away and in orderly rows in the court.
By the way about OPEC

The practice of applying anti-cartel legislation should be analyzed taking into account the realities prevailing in the country. This was announced by President Vladimir Putin at a meeting with Igor Artemyev, head of the Federal Antimonopoly Service. According to the head of the FAS, a bill to strengthen the fight against price collusion has already been developed and could be adopted by the State Duma in the fall. The document will help much more effectively resist attempts to create cartels, the damage to the Russian economy from which is estimated at about 2% of GDP by the antimonopoly department.

so in the USA there are no such discrepancies - the cartel is everywhere a cartel. domestically or abroad and no one will allow you to conclude an agreement with him.

[Lopatov]

Quote: atalef

I want to see how someone by decree in America will prohibit something from being mined for the sake of cartel settlement.

Easily
US authorities, state authorities can calmly limit production, which has been done in the United States more than once.

[atalef]

Quote: Spade

Easily

Any examples?

Quote: Spade

US authorities, state authorities can calmly limit production, which has been done in the United States more than once.

can you reference?
/ So with confirmation of cartel conspiracy, and not because of environmental protection (as an example)

[Lopatov]

Quote: atalef

Any examples?

Excuse me, but are we kind of discussing a country in which there has been a ban on oil exports for 40 years? Not?

[atalef]

Quote: Spade

Excuse me, but are we kind of discussing a country in which there has been a ban on oil exports for 40 years? Not?

Quote: atalef

can you reference?
/So what would confirmation of cartel agreement , and not for environmental reasons (as an example)

[carstorm 11]

hammer in the search for a railway inspection of them and read. they are the regulator there and can easily influence production reduction. also stumble upon their statement of readiness to cut production by 10 percent right now.

[carstorm 11]

Texas has its own economy. This state is decisive in oil production. study the question if you want to understand what Texas is.

[atalef]

Quote: carstorm 11

Texas has its own economy. This state is decisive in oil production. study the question if you want to understand what Texas is.

I perfectly understand what Texas is, as well as the fact that no one has the right to violate federal laws

[Liam]

Quote: atalef

no one has the right to violate federal laws

Not only that. The United States produces about 12 million barrels per day. But it consumes about 20 million. They remain the largest importers of oil so far. And they buy these 8 million not from the Lord God, but including from Arabs, Russians, and so on.
It’s only in the wet fantasies of the local net worth that the US importer will cut back its own production so that it can continue to buy oil from the net exporters. For this reason, oilmen and consumers will hang Trump for their quandaries. According to this logic, the 4th world oil producer face of China has cut production. Let Arabs and the Russian Federation go to China with such proposals. Let's see how far they will be sent.
Trimming production is an exclusive problem for exporters rather than the US or China

[ancient]

Quote: Evdokim

Everything is reasonable, everything is logical.

Well, just .... awesome .... "logic"
"Proudly slam the door" so as not to cut half a million barrels at a price of $ 60 to agree to a cut of 1,6 at a price of 30 ??? - it's just some kind of cretinism, not ... "logic"

[Willywonka]

Already without any conditions. 2 or 1.5 million decline in Russian production, instead of the proposed 0.3 million, as a condition for maintaining the transaction.

[Valery Valery]

Too bad, but we will lose this battle. Coronavirus, US pressure and the collapse of China's economy are all against us at the moment.
To get rid of this addiction, you need to build up your heavy industry (auto industry, machine tool industry, aircraft and shipbuilding).

[krot]

Quote: Valery Valery

Too bad, but we will lose this battle. Coronavirus, US pressure and the collapse of China's economy are all against us at the moment.

You old man is a complete pessimist! I think on the contrary, any crisis is a bunch of opportunities to turn everything upside down. And So far, that Russia is winning at least in the fight against the virus, against the background of the rest of the world! And politically, we win too! We are helping Italy and Serbia! And not any liberal country .. But will we continue to win, let's see!

[AUL]

Quote: krot

I think the opposite, any crisis is a heap opportunities turn everything upside down.

All right! But opportunities still need to be realized. And, as experience shows, we have a lot of stress with this!

[Lisiy Prapor]

Quote: krot

And politically, we win too! We are helping Italy and Serbia! And not any liberal country .. But will we continue to win, let's see!

This is all garbage such as Olympiads, mandiales and other festivals - just money down the drain. Remember: what a ghoul - Comrade. Stalin, for those whom he saved from all kinds of "Auschwitz" ovens and so on. "Dachau" Recent history clearly proves that "Old bread and salt is forgotten"

[Roman123567]

We are helping Italy and Serbia!

You have an awesome notion of "winning" ..)) Our country is on its way - but we help Italy .. which means, like, we win .. What we win, for whom we win, how to dispose of these winnings is not clear ..

[Overlock]

Quote: krot

And will we continue to win?

what to look at is already visible. We return to negotiations on worse conditions
Timeline of the OPEC meeting March 2020:
March 3
The OPEC + Technical Group Committee (JTC) proposed an additional reduction in production in the amount of 600 thousand to 1 million bpd in the II quarter.

By the evening of March 4
The Russian minister left the Ministerial Monitoring Committee (JMMC) before its official completion. According to media reports, options were discussed up to a reduction of 1,5 million b / s additionally.

March 4 result
Russia at a meeting of the Ministerial Monitoring Committee opposed further reduction in oil production to the second quarter because of the coronavirus, proposing simply to extend the deal for the period after June 2020. Saudi Arabia and a number of countriesproposed to further reduce production at 800 million bpd.

March 5: OPEC approves 1,5 million bps reduction

March 5 result
“The OPEC meeting decided to recommend the 8th ministerial meeting of OPEC and non-OPEC countries to carry out an additional adjustment of 1,5 million barrels per day until June 30, 2020 with proportional use between OPEC countries (1 million barrels per day) and non-OPEC producing countries (500 thousand barrels per day) participating in the declaration of cooperation ”- OPEC statement

March 6
Russian authorities did not support even an additional reduction 600 thousand barrels per dayConsidering it sufficient to extend existing restrictions for the whole of 2020

3 April
Russia is ready to join forces and together with other countries to reduce oil production by about 10 million barrels - Vladimir Putin
In this case, Russia may reduce development by approximately 1,6 million barrels per day- Ministry of Energy of the Russian Federation.

[Willywonka]

not by 1.6, but by 2.73 million in fact, the Saudis reduce by 1,63

[ancient]

Quote: krot

I think on the contrary, any crisis is a bunch of opportunities to turn everything upside down.

So yes ..... just where to get it ...... this "head"?
So far "Igorёk" gave us a dollar for the first time instead of 30 to 60, and now .... oil by 10 ..... this is not a "crisis" ... this ..... further the site rules do not allow

[Gene84]

Quote: krot

And politically, we win too!

What exactly have we won politically? The collapse of the European Union? The collapse of NATO?

[Willywonka]

Can you get more details? About "winning against the rest of the world." We have the same increase in the number of cases as in Italy (+ .- the same numbers), another thing is that we do not have many 80+ year olds. So this is not our gain, this is our loss.

[letinant]

Quote: Valery Valery

Too bad, but we will lose this battle. Coronavirus, US pressure and the collapse of China's economy are all against us at the moment.
To get rid of this addiction, you need to build up your heavy industry (auto industry, machine tool industry, aircraft and shipbuilding).

AWESOME prediction !!! And why didn’t you pull the aliens from Aldebaran? I agree that this will complicate our lives. But at the moment, everything, more or less. In my opinion, the United States has more significant problems. For China, do not worry, its political system will not stand this. Already, they are entering production close to, before the pandemic. The question is, who will buy it?

[Roman123567]

In my opinion, the United States has more significant problems.

We kind of studied at the same schools .. we graduated from the same institutes .. And the notion of significance is the opposite ..)) The share of oil in the US GDP / budget, and in the Russian Federation .. What are the numbers called ?? How many unemployed prophesy to the states against this background ?? 40 thousand ?? 400 ??
And it seems to me - 100 million citizens of the Russian Federation-this more significant Problems!!

[letinant]

Quote: Roman123567

In my opinion, the United States has more significant problems.

We kind of studied at the same schools .. we graduated from the same institutes .. And the notion of significance is the opposite ..)) The share of oil in the US GDP / budget, and in the Russian Federation .. What are the numbers called ?? How many unemployed prophesy to the states against this background ?? 40 thousand ?? 400 ??
And it seems to me - 100 million citizens of the Russian Federation-this more significant Problems!!

Roman, I didn’t go to the same school with you, and I got higher education at two universities, tell me which one we met in? If you pay attention, in the USA, from March 14 to March 28, 6,6 million people applied for unemployment benefits, this is already available and there is no end in sight. The share of oil in the budget is around 50-60%.
Unemployed people appear from services, cooks, make-up artists, actors, musicians, etc. Workers, mechanics, and mechanics come to the fore, where you need to get your hands dirty.

[Roman123567]

And what, schools in Voronezh and somewhere in Moscow / Syktyvkar gave different education ?? Here we have the area of ​​the circle, I note, always - it was pi * (p-square) .. I thought that it was the same everywhere ..
I didn’t say that we met .. but the teachers were the same .. and the same life taught us ..
But here I look again at your numbers .. it turns out that 6.6 million people out of 350 million are more significant than 50-60%
However, you had interesting universities .. both ..))

[letinant]

Quote: Roman123567

And what, schools in Voronezh and somewhere in Moscow / Syktyvkar gave different education ?? Here we have the area of ​​the circle, I note, always - it was pi * (p-square) .. I thought that it was the same everywhere ..
I didn’t say that we met .. but the teachers were the same .. and the same life taught us ..
But here I look again at your numbers .. it turns out that 6.6 million people out of 350 million are more significant than 50-60%
However, you had interesting universities .. both ..))

Well, firstly, why are you jumping on the topic. Operate with numbers that are a lie.

How many unemployed prophesy to the states against this background ?? 40 thousand ?? 400 ??
And it seems to me - 100 million citizens of the Russian Federation are more significant problems !!

I hope you remember your words? So, in R.F. approximately 140 million people live. If you say 100 million, then this is 2/3 and not 50-60%. In the service sector, 27% -28% are employed. These percentages include:
Wholesale and retail trade, repair.
Hotels and restaurants.
Transport and communications.
Financial activities.
Real estate operations,
rental and provision of services,
compulsory social security.
Education.
Health and social services.
The provision of other utility, social and personal services.
Which of these will suffer the most?
I think trade, to some extent transport, hotels with restaurants and all. Now we will accept that in the entire services sector 28% work. I assume 20% are working now and 8% are not working. 140/100 = 1.4 million 1.4 * 30 = 42 million 1.4x8 = 2.8 million
Do you need to chew? So, about 2.8 million people. not working now. This is not a little, but these are people who are mostly on vacation (unfortunately, most are not paid). It’s more expensive to fire them; you still need to train new ones. Even an experienced waiter is a professional.
I repeat, I did not attend the same school with you. My school taught to read, count, think and love my country. I don’t know how old you are and where you studied, but to your teachers, big ---.

[Roman123567]

Well, firstly, why are you jumping on the topic. Operate with numbers that are a lie.

6.6 million people out of 350 million are more significant than 50-60%. These were just your numbers ..
And then some complete heresy about services, transport and trade has already gone ... What does this have to do with ?? It exists in all countries ..

approximately 2.8 million not working now. This is not a little, but these are people who are mostly on vacation

Why is it even written ?? For what?? We do not take what is now in the prevailing conditions .. unemployed are always and everywhere ..
We just take oil by 20, and see what happens next .. In the US, several (even 10) million people are added to the unemployed .. (out of 350 million) And they also get the same cheap gasoline / oil for themselves .. because they consume more than they produce .. And we look at what we get at a price of 20 .. This is an immediate rise in prices for everything .. is already happening .. Since the summer, an increase in gas tariffs .. At the same time, we begin to live off reserves .. Well, well .. we will not even read how long they will be enough, and in general we will assume that we got them at one time just for free, and not due to labor and economy (no one wants to take this labor into account in today's day) But sooner or later, we will eat up this fund too .. Moreover, it will be early .. What's next ?? Oh yes, unemployed oil workers .. It seems that if at a "penny" price of oil American oil workers become unemployed, then our unemployed oil workers will appear no less .. Well, the cherry on the cake - 50-60% of our budget .. And it doesn't even matter will be - all 140 million of us will be directly affected, or 100 million, or half .. With such losses, it will cover everything, and the 90s will seem like heaven to us !!

Wholesale and retail trade, repair.
Hotels and restaurants.
Transport and communications.
Financial activities.
Real estate operations,
rental and provision of services,
compulsory social security.
Education.
Health and social services.
The provision of other utility, social and personal services.
Which of these will suffer the most?
I think trade, to some extent transport, hotels with restaurants and all.

You’re a loser ..)) First of all, state employees will remain at the ZP at 5 thousand .. This is education, medicine, and social security .. Transport, communications, rent, services, restaurants - everything will increase in price and become even more inaccessible ..

I repeat, I did not attend the same school with you. My school taught to read, count, think and love my country. .

I think they taught only the last ..)) And that is why you completely refuse to read, count, and think !! For, to compare the losses of American oil workers with the losses of half of our budget .. and even, supposedly, in favor of the latter .. This is possible only from frenzied bastard patriotism ..
And any situation should always be assessed impartially ..

[Malyuta]

Quote: Roman123567

And any situation should always be assessed impartially ..

Thanks for the sound comment!

[Irokez]

None approximately, and specifically less than 40%.
And note the oil and gas and from them still need to take the gas itself.

[Roman123567]

That's wonderful ..
Now compare .. The United States has several million unemployed, plus cheap oil for their own needs .. (do not forget that they consume more than they produce)
We have the same number of unemployed due to the collapse of the oil industry, plus a complete collapse of the budget - a direct return to our beloved 90s.

[Vadim237]

What a collapse of the budget last year’s oil and gas sector amounted to 25% of the budget - more than 10 trillion in the NWF and with all funds under 18 trillion - all losses will be compensated even if oil costs below 20 by the end of the year. And nobody will cut budget expenses.

[Roman123567]

all losses will be compensated even if oil costs below 20 by the end of the year.

Well, right .. we believe that reserves on their heads fell out of nowhere .. They were not earned, but simply appeared .. And most importantly, they will always be there in reserve .. Just take it and everything .. at an oil price of 20, and without budget cuts .. Beauty .. Is the matter with the Americans .. there’s a complete seam there .. And we have reserves .. They have a khan, and we will win again ..

[Vadim237]

We don’t think, and you think - a raven on the fence.

[Willywonka]

Dreams, wet dreams. I am about reducing budget expenditures. Will cut

[A.TOR]

at a rate of $ 60 18 trillion. rub. it's $ 300 billion
at a rate of $ 80 18 trillion. rub. it's $ 225 billion
these funds are necessary for the procurement of components abroad, for virtually ALL industries, incl. food / processing
at a course of 100 we will consider?

[Willywonka]

At the same time, the United States allocates 2900 cu per month to the full family of the unemployed, while their gasoline costs 0.61 cu per liter (as of April 6).

[carstorm 11]

battle with what and by whom? we did not announce it and did not fit into it. Now everything is limited by cunning Saudis who want to reduce so that they would return to the values ​​that they built up after the fall. and this is pure muhlezh. they increased from 10 to 13 to arrange dumping. and now these three want to roll back. this is now the breaking point of this deal. and the states will reduce.

[Overlock]

Quote: carstorm 11

Now everything has run into cunning Saudis who want to cut back

and not only in them. Now Russia wants to join the new OPEC agreement + the accession of states that in total produce 70 million barrels per day. Among them are Brazil, Norway, Canada, the United States and others.
Wishlist is serious, but how realistic is it? As time goes on, our budget deficit is growing

[Gene84]

Quote: Valery Valery

you need to increase your heavy industry (auto industry, machine tool industry, aircraft and shipbuilding).

So far, we are only increasing the gas and banking sectors of the economy.

[Willywonka]

What heavy industry? what car industry? what air, dear? Nothing to build up. All that had to be done was private property, and that’s all. A guarantee of compliance, everything else will develop around it. Not a single state project is effective in comparison with a private one.

[A.TOR]

"You argue apolitically! Apolitically!" - if you give the private sector in Russia REALLY to develop, then it will soon begin to “pump” its political rights and demands - and it will be right.
But this "must not be allowed"

[Igoresha]

Well, what conditions to set - to bend so immediately; + Ukraine wanted 17 billion, which means it needs money at all costs

[Stone]

Russia agrees to reduce production in the framework of the deal between the OPEC + oil producing countries by 14%, or 1,6 million barrels per day. This was reported by TASS with reference to a representative of the Ministry of Energy of Russia. Wonderful and cunning are your plans for GDP.

[awdrgy]

The US is very good at using the "don't throw me in the thorn bush" theme, so it's worth wondering if they are capable of building up anything at all? (they already tried to build up gold, it seems German)

[Lipchanin]

Quote: rotmistr60

Not weird? Although this behavior of Americans has not been considered strange for a long time - the norm,

It would be strange if they went for a reduction

4 hours ago, source: TASS
Trump said the US is unlikely to cut oil production
WASHINGTON, April 9. / TASS /. The United States is unlikely to agree to a reduction in oil production, coordinated with other participants in the global market. This was announced on Wednesday at a briefing for journalists in the White House by American President Donald Trump.

[Mountain shooter]

Quote: rotmistr60

The condition is reasonable and quite logical. And then the United States requires Russia and the CA to reduce production, but at the same time they themselves plan to increase. Not weird? Although this behavior of Americans has not been considered strange for a long time, it’s the norm, and moreover, it’s cynical-selfish with threats against other countries.

В связи с ситуацией добыча сланцевой нефти упадет естественным путем...https://yandex.ru/turbo?text=https%3A%2F%2Feadaily.com%2Fru%2Fnews%2F2020%2F04%2F08%2Fstalo-izvestno-naskolko-sokratyat-dobychu-nefti-v-ssha&promo=navbar&utm_referrer=https%3A%2F%2Fzen.yandex.com%2F%3Ffromzen%3Dsearchapp%26from%3Dspecial&utm_source=YandexZenSpecial
Who cares ... you just need to rush and bend ...

[Ross xnumx]

Quote: rotmistr60

The condition is reasonable and quite logical. And then the United States requires Russia and the CA to reduce production, but at the same time they themselves plan to increase. Not weird?

For twenty years, the government has promised us to reduce the dependence of budget filling on the sale of hydrocarbons:

and it came from the extraction of 488 million tons in 100 to 000 million tons in 2008 ... Where is the logic?
The strange thing is that in the United States and other countries, with falling oil prices, retail prices at gas stations are also falling, while in Russia, gas prices are only rising.
Putin and his team are those people who not only create difficulties themselves and offer the people of Russia to solve them independently, but this is a company that, when in power, brings us “bummer after bummer” every year. Moreover, this whole group has prepared for us
ETERNAL BREAKFAST ...
As a result of all, we are all surprised and amazed at the behavior of Americans, then the British, then the French, then the Spaniards, then the Japanese, then the Chinese, then the Turks, then the Israelis, then the Poles, then the Belarusians, then the Kazakhs, etc., etc. , losing sight of the strange uninvolvement of the guarantor himself, the government and the minions gathered near them, who prefer to keep savings in dollars, have housing abroad and do not object to the minimum wage for unemployment for the rest of the "middle class" population, of which there are more than 73 % ...

[Irokez]

Video from the 15th year. You would have shown some other video statement of the 90s and, using his example, declare that they say one thing and do another.
Remember, the situation can change over time on its head (that is, the opposite is true).

[ancient]

Quote: rotmistr60

Reasonable condition

What .. "condition" ??? Who ... States?

[NF68]

Quote: rotmistr60

The condition is reasonable and quite logical. And then the United States requires Russia and the CA to reduce production, but at the same time they themselves plan to increase. Not weird? Although this behavior of Americans has not been considered strange for a long time, it’s the norm, and moreover, it’s cynical-selfish with threats against other countries.

It would be strange if the United States behaved differently.

[Gene84]

Quote: rotmistr60

And then the United States requires Russia and the CA to reduce production, but at the same time they themselves plan to increase. Not weird?

The boorish behavior of the USA has not surprised anyone for a long time. States are used to requiring others to comply with some rules and regulations with a complete violation of these same rules for their part.

[7,62x54]

Not for long enough strength to resist, quickly put in place

[Old partisan]

it is more like the pose of a drinking deer.

[The leader of the Redskins]

But on the other hand, how it was presented ... As if we were still able to demand something, we could dictate the conditions ...

[Ross xnumx]

Quote: Old partisan

it is more like the pose of a drinking deer.

Quote: Leader of the Redskins

But on the other hand, how it was presented ... As if we were still able to demand something, we could dictate the conditions ...

As presented, we have already heard, it remains to see how it looks from the side:

[svp67]

Quote: 7,62x54

Not for long enough strength to resist, quickly put in place

In the sense? And where do you see Russia capitulating?

[7,62x54]

You do not ascribe to me your thoughts about surrender. I didn’t talk about it.

[svp67]

Quote: 7,62x54

You do not ascribe to me your thoughts about surrender. I didn’t talk about it.

Then explain your idea, otherwise it turns out that I am not alone so your comment understood

[mat-vey]

Quote: svp67

In what sense?

And what happened to the "production cuts" at the last OPEC meeting? Does anyone remember? What did Novak explain about the losses from production cuts? And who was for and who was against "production cuts"?

[svp67]

Quote: mat-vey

And what happened to the "production cuts" at the last OPEC meeting? Does anyone remember? What did Novak explain about the losses from production cuts? And who was for and who was against "production cuts"?

And where do you now see a violation of logic? Yes, under those conditions and with those who agree to make some kind of reduction, the meaning is zero. Since all reduced production volumes, the United States would very quickly have been replaced.
You carefully read this message, it clearly states the condition under which Russia is ready to negotiate the volume of reduction

all OPEC countries should go, as well as such major exporters as Norway, the USA, Mexico, etc.

That is, all countries oil producers, and not just OPEC +, should be connected to the negotiation.

[Altona]

Quote: svp67

And where do you now see a violation of logic? Yes, under those conditions and with those who agree to make some kind of reduction, the meaning is zero.

-----------------------------
After Novak and Co. were exponentially fucked and dropped, who will negotiate with them on the same terms? Alpha males do not negotiate with beta males.

[carstorm 11]

who fucked them?))) you’re not right at all right now) they actually got the fact that the reduction now, if it happens, is from everyone. and this was the main goal. because we were cutting back, and they were building up and taking our markets. Over the past couple of years of these games, the states have increased their exports by almost 4 times and this is not a joke at all.

[savage1976]

Leave these broomsticks alone. They, on their own wave in their universe, amuse themselves with muddy hopes. Talk to them, do not respect yourself.

[Overlock]

Quote: carstorm 11

in general, they have achieved that the reduction is now if it happens from all of us

If you distribute 10 million barrels. proportionally to Russia, the USA and OPEC, it turns out that Russia should reduce almost 20% of its production - or 2,2 million barrels. per day. But how in reality quotas for reduction will be distributed is not clear. Until now, Russia has taken a symbolic part in the OPEC + deal: in 2019, it even increased production by 300 thousand barrels. relative to 2016, when countries first made a deal. The main reduction was taken by Saudi Arabia - before the collapse of the deal, it produced about 9,8 million barrels, and only on April 1 began to increase production to 12 million barrels. per day.
Read more at RBC:
https://www.rbc.ru/economics/03/04/2020/5e8766099a794723a8097c72

[atalef]

Quote: svp67

That is, all countries oil producers, and not just OPEC +, should be connected to the negotiation.

let's see who is right.

The American leader said that the United States is unlikely to agree on a reduction in oil production, coordinated with other participants in the global market. “Look, we have already reduced, we are very market oriented,” Trump explained and added that American manufacturers have already reduced production. So the US president answered the question of journalists about the US plans in connection with the upcoming consultations in the OPEC + format.

Trump also said that Russia and Saudi Arabia increased production when this was not necessary. Then, he said, the coronavirus epidemic brought down 40 percent of the market, which is why it is now "flooded with oil." He noted that both states are being damaged, since oil is the main source of their income. “I think they will figure it out on their own. It will be interesting to see what the results of OPEC will be tomorrow, " - concluded the president.

[svp67]

Quote: atalef

let's see who is right.

Trump is cunning. Yes, the United States has reduced production, but forcibly. As soon as the price rises, and the volumes of other production decrease, the USA will increase again ... The USA needs not just a decrease, but a firm guarantee that they will not increase production over certain volumes.
So, you need to agree

[atalef]

Quote: svp67

Trump is cunning. Yes, the United States reduced production, BUT FORCED

and what is he cunning with 7
He said bluntly - cut because of the market.
The price has fallen - part of the wells is not profitable; it is exactly 5 minutes to cover the shale oil well.

Quote: svp67

As soon as the price rises, and the volumes of other production decrease, the USA will increase again.

You can rest assured that it’s a market for a couple of weeks to increase production by the shale.

Quote: svp67

The United States needs not just a reduction, but a firm guarantee that they will not increase production over more than certain volumes.

Right now, in the US no one will allow people to .... twist cartel agreements.
When prices fall, a normal market reduces costs and improves technology. and the bandits talk about prices.
This will not happen, or they will be condemned right away in the USA.

Quote: svp67

So, you need to agree

so trump said

Trump also said that Russia and Saudi Arabia increased production when this was not necessary. Then, he said, the coronavirus epidemic brought down 40 percent of the market, which is why it is now "flooded with oil." He noted that both states are being damaged, since oil is the main source of their income. “I think they will figure it out on their own. It will be interesting to see what the results of OPEC will turn out to be tomorrow, ”the president concluded.

[Lopatov]

Quote: atalef

hacking a shale oil well takes exactly 5 minutes.

Drilling a new one is even faster.

Shapkozakitelno ...
That, in fact, is shale and differs from normal production in the short well life cycle. Therefore, the drilling of new ones should be conducted continuously.

Quote: atalef

When prices fall, a normal market reduces costs

That's right, hard workers on the street ....
But here's the problem: before the election, this is fraught with big problems.

[Hartakolo12]

That is, it is necessary to capitulate?

[mat-vey]

Quote: svp67

And where do you now see a violation of logic?

If only I ..won Fedun saw right away and this even before it became clear that the princes had "ate" ...

Quote: svp67

That is, all countries oil producers, and not just OPEC +, should be connected to the negotiation.

OPEC 13 countries at the meeting were 25 countries, 24 of them for reduction and only one against - guess which one?

[svp67]

Quote: mat-vey

OPEC 13 countries at the meeting were 25 countries, 24 of them for reduction and only one against - guess which one?

Yes, since this one, that is, from Russia, was required the largest amount of reduction, and much more than from all the others, and ultimatum

[mat-vey]

Quote: svp67

Yes, since this one, that is, from Russia, was required the largest amount of reduction, and much more than from all others.

And it seems they have achieved their goal. Moreover, with a demonstration of "flogging" to the whole world.

[svp67]

Quote: mat-vey

And it seems they have achieved their goal. Moreover, with a demonstration of "flogging" to the whole world.

No ... the meeting in April was announced immediately after the failure of the one, so that I do not understand what you see the flogging now.

[mat-vey]

Quote: svp67

You see the flogging now, I don’t understand yet.

Probably your eyesight is good ... if they offer an already additional offer to the already falling price, what would bring the price down? Oh yes, this is against the USA ..

[Nastia makarova]

that's right, we ripped everyone off

[mat-vey]

Quote: Nastia Makarova

that's right, we ripped everyone off

Where's the sarcasm smiley?

[Nastia makarova]

I am without sarcasm))))

[mat-vey]

Quote: Nastia Makarova

I am without sarcasm))))

Oh, oh ...

[Nastia makarova]

even though at least oh))) we don’t care that oil minus 10 at least plus 100, people don’t fall from this

[mat-vey]

Quote: Nastia Makarova

even though at least oh))) we don’t care that oil minus 10 at least plus 100, people don’t fall from this

Well, yes, it’s just that people will die without imported drugs, a fully import-dependent economy will get a stake, but for us, then.

[Nastia makarova]

Of course, we don’t care, because nothing depends on the people, but the people will survive as has happened more than once, they will live badly but survive

[mat-vey]

Quote: Nastia Makarova

but the people will survive as has happened more than once, they will live poorly but survive

Will the country survive?

[Roman123567]

She does not care about the country and people .. Just to argue, without any logic ..

[Nastia makarova]

where do these pans come from?

[Nastia makarova]

if the people survive, then the country too, how many times was the misfortune in Russia

[Vadim237]

Your imported medicines are from oil, except that in production they are dependent not on money from oil, but from grandmothers received from services and other industries, including non-primary ones, last year Russia exported 160 billion of these plus secret export of arms and special equipment worth 55 billion dollars.

[mat-vey]

Quote: Vadim237

Your imported medicines are from oil unless in production they are dependent on oil

Here it often sounds about the "big mind" ... and the ruble-dollar exchange rate depends on what? And understandably - as soon as the dollar jumped, pensions and salaries are immediately indexed ... people do not notice that before the meter needed a day work, and now a week, well, eat less, or even in a week you won't save up ..

[Overlock]

Quote: Nastia Makarova

we don’t care that oil minus 10 at least plus 100, people don’t fall from it

Budget losses from falling oil prices in March 22 billion, in April - 55.8 billion rubles - the Ministry of Finance of the Russian Federation.
And the budget is the salary of public sector employees, pensions for pensioners.
There are still capsules, but how long is it enough?

[Nastia makarova]

and if there would be oil at 100 then would you add pensions?

[mat-vey]

Quote: Nastia Makarova

and if there would be oil at 100 then would you add pensions?

Do prices affect real income?

[Vadim237]

With a total budget of 20 trillion - yours and Siluanov's lousy "55 billion shortfalls" look like nothing - they will not receive enough, they will be compensated from the National Welfare Fund, in which more than 10 trillion lies for this case. End your empty panic.

[atalef]

Quote: svp67

Yes, since this one, that is, from Russia, was required the largest amount of reduction, and much more than from all the others, and ultimatum

How do you confirm your words?
Sure - no.

[svp67]

Quote: atalef

How do you confirm your words?
Sure - no.

Listen, but you in Israel know everything about everyone, especially since you have a mother-in-law in Kiev, you don’t know what she’s asking ... What volumes did the Saudis offer to reduce?

[atalef]

Quote: svp67

Listen, but in Israel you know everything about everyone.

Do not be distracted by the fact that you are moving out of the topic, affirming, confirm the words.

Quote: svp67

Yes, since this one, that is, from Russia, was required the largest amount of reduction, and much more than from all the others, and ultimatum

Quote: svp67

Especially since you have a mother-in-law in Kiev that you don’t know, then ask her ... What volumes did the Saudis offer to reduce?

turned on my mother-in-law arrows.
Like a man

[Lopatov]

Quote: atalef

Sure - no.

You in your "sure - no" trust in someone else's laziness ...
But we are on self-isolation, there is nothing to do
OPEC - at least 30 million per day. 1 million reduction. Roughly three percent
"+" is Russia 11 million, Kazakhstan 0.4 million and 0.8 Azerbaijan. Reduction - by 0.5 million i.e. 4 percent

[Lannan Shi]

Quote: svp67

Yes, since this one, that is, from Russia, was required the largest amount of reduction, and much more than from all the others, and ultimatum

And why lie?

On Thursday, OPEC countries at a meeting in which only members of the organization participated, agreed on a recommendation for the alliance to further reduce production by 1,5 million barrels per day until the end of the year. OPEC itself is ready to reduce production by 1 million barrels per day, and the remaining 500 thousand barrels offers to take on allies in the alliance, including Russia.

[Lopatov]

Quote: Lannan Shi

And why lie?

?
And where is the lie?
12 countries will be reduced by a million, three countries by half a million

Just someone with arithmetic problems ...

[Ross xnumx]

Quote: Spade

Just someone with arithmetic problems ...

But the loyalty and devotion of the party (Edru) is fully confirmed!

[carstorm 11]

without states, this reduction is simply a fiction. so everything is logical.

[Gene84]

How can we demand from the US a decrease in oil production if they are not part of OPEC +

[Nehist]

Turn on the logic. OPEC countries gather + How are they rich in demanding something from countries outside this muddy organization? So our requirements for the USA, Norway, etc. are a big political bunch

[mat-vey]

Quote: Nehist

So our requirements for the USA, Norway, etc. are a big political bunch

It is also a question of how these "requirements" sound in the language of whom they are "demanding", otherwise there seems to be no demanding declension - a threatening tone is not provided for in the desire to reduce or lift the sanctions.

[Roman1970_1]

Quote: 7,62x54
Not for long enough strength to resist, quickly put in place

In the sense? And where do you see Russia capitulating?

Yes

[Ross xnumx]

Quote: svp67

In the sense? And where do you see Russia capitulating?

Are you such a "highly educated" person that you are likely to share with us the size of VICTORIES that have come to the Russian budget? It is possible in rubles ... It is possible in dollars ... It is possible to compare exchange rates ... Are you holding us here? “Some forester” came and should we take his word for it?

The total volume of lost oil and gas budget revenues in March amounted to 22 billion rubles, the Finance Ministry said. Office predicts that in March, losses will amount to 55,8 billion rubles.
The budget for 2020 sets the price of oil at $ 42,45 per barrel. After the collapse of the transaction with OPEC, Brent oil quotes fell below $ 23 per barrel, and the cost of Russian Urals oil in North-Western Europe at the beginning approached $ 10 per barrel - this minimum since 1999. Given the changes, the Ministry of Finance will allocate 7 billion rubles for the sale of foreign currency from April 12 to May 77,8. Thus, the department will daily sell foreign currency worth 3,5 billion rubles, the ministry said.

Truly - Pyrrhic victory ...

[Vadim237]

55 billion budget losses in March - Russia has an entire annual budget of more than 20 trillion rubles.

[New Year day]

Quote: Vadim237

55 billion budget losses in March - Russia has an entire annual budget of more than 20 trillion rubles.

question, why the hell then is all this? what is the difference in the price of oil, but the whole world and the Kremlin are constantly buzzing about it. If it makes no difference to us, screw the valve and cap into the air! Is it logical?

[Vadim237]

For us, low oil prices are a challenge, but for the future, I’ll keep my fists so that this transaction does not end in anything, because in the end it will do nothing, since the demand for oil this year has already fallen by two months and by the end of the year there will not be a sharp increase in demand for it - and I’ll earn even a few million bucks on the stock exchange from a drop in oil. And our leadership will begin to intensely take measures to reduce the budget’s dependence on oil and gas; maybe next year 15 bucks per barrel will be prescribed in the budget.

[Gene84]

To be more precise, then, 20,379 trillion. rubles - projected revenues in the state budget of the country, which is 431 billion rubles more than in the previous 2019. At the same time, revenues from the oil and gas sector will amount to approximately 2,334 trillion. rub.; despite the fact that $ 42,4 is the cut-off price per barrel of Urals oil; 67-68 rub. - forecast for the price of $ 1; 3% - pledged and estimated inflation rate.
With such numbers budget surplus is 876,052 billion rubles - (which is 0,9-1% of GDP). And the budget losses according to the forecasts of the Ministry of Finance

Quote: ROSS 42

The total volume of lost oil and gas budget revenues in March amounted to 22 billion rubles, the Finance Ministry said. The agency predicts that in March the loss will amount to 55,8 billion rubles.

Something like this ...

[Ivan Kolodin]

I will not tire of admiring the beauty of the ingenious multi-doorway.

1. They sent OPEC, which asked Russia to reduce production by 0.5 million barrels per day.

2. They brought down the price of oil, immediately declaring the Saudis guilty, but at the same time adding a thieving whisper to the side, "This is us to stifle American shale."

3. A month later, when the most “strangled” shale workers had just begun to fill out bankruptcy petitions, and before the actual bankruptcy procedure, they would still have months and months of ships to agree to reduce production by 1.5 million barrels per day. Exactly three times more than OPEC was begging for.

The result is that the shale is lively and healthy, the ruble is down, the budget is ..., the oil price has fallen by almost half, and production is also required to be cut by 1.5 million barrels.

Well, I’ll tell you - high-flying geniuses can be seen from afar. They cannot be into small and medium-sized businesses - they will go broke right away. With such outstanding abilities, you can only steer a state-owned company with budget support and immodest salary.

[Volodin]

Quote: Ivan Kolodin

I will not tire of admiring

It's like that. But you missed a key point. Initially, the US had nothing to do with the OPEC + deal. When everyone agreed to cut production, the States continued to calmly say: "And we will increase." Now everyone will have to go to the reduction, or no one will.

[Altona]

Quote: Volodin

Now, the reduction will have to go all or not go to anyone.

-------------------------
I never tire of admiring the "brilliance" of thought. Trump has already named Russia and Saudi Arabia to blame for the market collapse, but guess who will be more guilty in your opinion and who will be imposed new sanctions. And who will have to cut production as much as possible?

[carstorm 11]

The Saudis will cut the most. as for sanctions and those responsible, this is lyrics. sanctions are still not these so others will come up with. this factor should not be taken into account at all.

[Willywonka]

Most of all, Russia cuts -2.73, the Saudis -1.68. Here is such a sadness.

[Hartakolo12]

There is an option. Lower the ruble to 120 and nothing to reduce

[atalef]

Quote: Volodin

Initially, the US did not intend to have anything to do with the OPEC + deal.

and they won’t.
Antitrust law will not allow

Quote: Volodin

When everyone agreed to cut production, the States continued to calmly say: "And we will increase."

market.
When oil prices dropped, no one thought of the United States.
Why should they?

Quote: Volodin

Now, the reduction will have to go all or not go to anyone.

Go OPEC +. others are not.

[Volodin]

Quote: atalef

Go OPEC +. others are not.

"Others" - who is this? Those about whom you had to "think" in the first place? They won't, so the oil will stay below 40 for a long time. And then, in order not to offend their shale producers, they will have to close one eye to the antitrust law, because shale producers are touchy people, in which case they may not vote ...
To ban the supply of aircraft engines to China, their eyes have already been covered. Here it is necessary.

[atalef]

Quote: Volodin

"Others" - who is this? Those about whom you had to "think" in the first place?

Well, like in custody only 13 countries. they are not the only ones who produce oil and the main US and Canada, well, Norway yet.

Quote: Volodin

They won’t go, that means oil will stay below 40 for a long time.

and wonderful.
Cheap oil, cheap gasoline is good for leading economies.

Quote: Volodin

And then, in order not to offend their shale, you have to cover one eye on the antitrust law

shale oil is a drop in the ocean compared to the American economy - for their sake nobody will be able to cover their eyes - maybe tomorrow they will require others - car makers /, steel. chemistry, etc.

Quote: Volodin

because shale workers are touchy people, in which case they may not vote ...

against who ?

This could have a negative effect on the US economy as a whole. According to the Federal Reserve Bank in Dallas, the shale oil boom in 2010-2015 added 1% to the country's GDP. At the same time, in the first six months of this year, 1,8% of Texas workers employed in the oil industry lost their jobs. By July, the number of drilling permits fell by 21% compared to the same period last year.

1% of GDP and 1.8% of workers - there’s nothing to say at all.

Quote: Volodin

To ban the supply of aircraft engines to China, their eyes have already been covered.

The prohibition of a lawless form is one thing; federal law is another.
Feel the difference.

[Vadim237]

I personally am for the disruption of the OPEC + transaction since it will be possible to raise a lot of money on the collapse of oil on the exchange, production competitors will go bankrupt and Russia will begin to make maximum efforts to reduce the share of oil and gas in the budget and also in the structure of GDP.

[Mountain shooter]

Quote: Volodin

Others "- who is this? Those about whom it was necessary to" think "in the first place? They will not go, it means that oil will remain below 40 for a long time. And then, in order not to offend their shale producers, they will have to close one eye to the antitrust law, because shale producers are people are touchy, in which case they may not vote ...
To ban the supply of aircraft engines to China, their eyes have already been covered. Here it is necessary.

I agree 100% the shale companies have already howled in thin voices ... the number of drilling rigs is decreasing rapidly. Not bankruptcy, what to expect. But in reality, production prospects ... are declining. They have to drill all the time ... And Trump didn't just start gushing with threats ... it would be "perpendicular" to him - he wouldn't say a word at all. History shows that the United States is very, very flexible in understanding its own laws ... when it squeezes ... they will come up with something to limit production ... Some kind of moss ... a Texas decree ...

[Willywonka]

Howled in your dreams. Shales have long been under the visor of giants such as Exxon. One major filed for debt restructuring and, as it were, everything.

[Altona]

Quote: Volodin

because shale workers are touchy people, in which case they may not vote ...

-----------------------
Slants, hedged people, Alexey, they don't care. Besides, "big brother" is always ready to redeem them.

[Roman123567]

If they don’t go, it means that oil will stay below 40 for a long time. And then, so as not to offend their shale

Awesome logic .. We put American shale workers (how many out of 350 million there ??) are on a par with the entire population of the Russian Federation .. Moreover, even here emphasizing that the states are worried about this insignificant number of people, and maybe even something, supposedly, to cover up .. But our kings do not care about 140 million citizens .. That's right .. we are not shale men ..))

[Overlock]

Quote: Volodin

Initially, the US did not intend to have anything to do with the OPEC + deal.

has America already agreed?
Apr 9, 01:45 Updated 03:08 TASS:
Trump said the US is unlikely to cut oil production
The American leader drew attention to the fact that the country is very market oriented and has already reduced production

[carstorm 11]

in vain turn on sarcasm. here it is now not the number of volumes but the number of players in this reduction.

[svp67]

Quote: Ivan Kolodin

They sent OPEC, which asked Russia to reduce production by 0.5 million barrels per day.

And they did it right. Demand THIRD volume reduction from us ... Do they want too much?

Saudi Arabia's proposal is to increase the reduction by 1,5 million barrels. per day until the end of the year,

That is, as soon as the United States compensated for this "reduction", Russia would be "twice injured" ...

[Ross xnumx]

Quote: Ivan Kolodin

With such outstanding abilities, you can only steer a state-owned company with budget support and immodest salary.

So they have been hatching this idea since 1991, and now ... A chicken laid an egg - not a simple one, but just a rotten one ...

[Alexander S.]

who agreed? Where can I find out?

[Sahalinets]

Well, they refused to reduce by 0,5 million, now they will have to reduce by 1,5 million. Sechin is just a genius!

[Altona]

Quote: Sahalinets

Well, they refused to reduce by 0,5 million, now they will have to reduce by 1,5 million.

------------------------
Before that, they tried to persuade Old Man into the "union state", blackmailing him with "union" oil prices, as a result, Old Man gets oil for 4 bucks, and both the States and the Saudis are ready to add this oil to him. Just a "brilliant victory" of our "geniuses" of geopolitics.
Then, with the lined up "Turkish stream", they began to doggle with Erdogan, who decided to take the pro-Turkish Idlib under his wing, and Vladimirovich slaps himself on the thighs "and we didn't know that there were some Turkomans in Idlib." Straight "victories" were flooded with some kind of stream.

[Nastia makarova]

still victories ahead

[Altona]

Quote: Nastia Makarova

still victories ahead

----------------------
Nastya, you do not confuse servility and patriotism? You would somehow have sat down with a calculator and figured it out. You don’t consider your personal budget at home? Is it bottomless with you?

[Nastia makarova]

even if the money is not worth a little whining and make more efforts to earn the missing

[carstorm 11]

What does Sechin have to do with it? it is important for the country and not one company. you won’t understand and remember one or two years, the states overtook us in export while we were doing reductions. this threat is much worse than prices. we have lost the market over and over again. and let the price at least 100 if it is impossible to sell is not good but harm.

[Nehist]

We are not losing the market because of production volumes, but because the entire foreign policy has been prosralized, and even countries loyal to us in the past tell us their FE !!! And we only express concern and protest helmet

[carstorm 11]

this is also an important factor, but not in this case. it is a business and it has certain rules. if it decreases somewhere, it’s added somewhere. voids are filled instantly. for this reason, losing volume is now much less important than the market itself. actually this was not hiding. ours immediately declared that they were tired of cutting back and against this background, to observe how the states, on the contrary, are increasing their exports. that was the main stone. if the states go for reduction, then they did everything right.

[Nehist]

But Sechin doesn’t care. He has already requested support from the state. So he didn’t lose anything, and even won

[Thrifty]

If only this decision were implemented, they didn’t unilaterally reduce production, naively believing the same United States or the Saudis to take the floor! Although, Trump has already stated that for the United States there is no need to reduce oil production now, and a decrease in production is possible in the future!

[Altona]

Quote: Thrifty

naively the same usa or saudis word for

--------------------
In OPEC, only the Saudis were the most honest, and only the Saudis provided all the reduction in production, to their own detriment, while other participants constantly violated agreements, trying to bite into new markets. Then the Saudis were on the principle of "a sho, was it possible?" showed this spring who is the boss in the oil house. That's all.

[Karaul14]

1) The United States most likely will not go for reduction - treaties with third-rate countries are useless for a superpower. In addition, private companies are mining in the United States and it is simply impossible to order them to reduce production. 2) After Russia’s refusal to reduce production in March, the Saudis have increased production significantly and will now reduce the level from current indicators, Russia did not have such a reserve for increasing, so it may actually be that even after the agreement today, the Saudis ended up increase, and Russia will reduce. Managerial professionalism in Russia leaves much to be desired, to put it mildly. 3) There is a scenario according to which, in the event of the failure of today's negotiations, the United States will simply impose an oil embargo on Russia with secondary sanctions for all who dare to violate it, since it’s not necessary to come up with a reason - here is Crimea and the support of LDNR.

[atalef]

Quote: Karaul14

There is a scenario in which, in the event of the failure of today's talks, the United States will simply impose an oil embargo on Russia with secondary sanctions

why impose an embargo? what's the point ?
Oil piled up.

[Altona]

Quote: atalef

why impose an embargo? what's the point ?

--------------------------------
To expel Russia from all the "new" markets that it has begun to spill. Rosneft has already been kicked out of Venezuela, it was engaged in buying oil there for the Indians, now we need to drive our own, because it has already been paid. And further down the list they will pinch. There is not an embargo, but sanctions against Russian fuel and energy companies.

[atalef]

Quote: Altona

To expel Russia from all the "new" markets that it has begun to spill.

and who is the new market during the crown and recession of production?
on the moon or what?

Quote: Altona

Rosneft has already been kicked out of Venezuela,

she escaped, losing 9 lards

[Altona]

Quote: atalef

and who is the new market during the crown and recession of production?

------------------
For Russia, a new market, Sasha, and not a new market at all. Russia "fled" because Trump pushed. This was a condition that Trump picks up the phone and again puts the Saudis, OPEC and ours to negotiate. These "9 lards" were "bought" by the Russian Government, that is, they were stupidly thrown into the Russian budget so that Sechin would not go bankrupt. That's all love.
PS By the way, the news about Russia's reduction by 14% has already arrived. Multiply this by 10-11 million barrels and you will get the same 1,5 million. That is, full confirmation, gentlemen "patriots" about what I am writing to you.

[Overlock]

Quote: Altona

It was a condition that Trump will pick up the phone and again put the Saudis, OPEC and ours to negotiate.

I think that not only this was a condition! - Maduro! Main condition

[Altona]

Quote: Overlock

I think that not only this was a condition! - Maduro! Main condition

--------------------------
Yes, everything in the complex under the slogan "Get out of our American underbelly", I wrote about this earlier. Moreover, Maduro was "hung up" on a huckster with drugs and now Maduro is a "drug dealer". In general, Trump works as a carpenter, he does not care about diplomacy, he rushes hard, without any "human rights" and "humanisms" there, just dials the price tag on the calculator and shows the "partner" like an inveterate businessman.

[Igoresha]

That is, full confirmation, gentlemen "patriots" about what I am writing to you.

You are smart and patriots as always.

[Overlock]

Quote: atalef

she escaped, losing 9 lards

Russia bought the debts

[Vadim237]

No one drove Rosneft out of Venezuela - they just created a new oil company under state control. "On March 28, 2020, it was announced that the company, 100% owned by the state (presumably Rosneftegaz), will receive all Rosneft assets in Venezuela, including stakes in the upstream companies Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria, in oil service companies and trading operations. In exchange, Rosneft will receive a 9,6% stake in one of its subsidiaries. The effective state share in In this case, Rosneft will drop to 44,3% (of which 40,4% - directly through Rosneftegaz, and another 3,9% through a proportional share of the quasi-treasury stake of 9,6%). "

[Nastia makarova]

we will support them even if there is oil - 10)))))

[carstorm 11]

it will not work. because of these manipulations, it did not work out and will not work out. have to cut back on past values. or ours will not go to the contract.

[Alexander S.]

well yes. and send troops .. and let the war begin ... and the earth will explode, and the universe will disappear.

[Hartakolo12]

In this case, there is an answer. Response to the embargo on the armed invasion of Ukraine and the Baltic states

[parusnik]

There are offers, conditions, but so far nothing has been decided ..

[xvot]

Quote: Ivan Kolodin

Well, I’ll tell you - high-flying geniuses can be seen from afar. They cannot be into small and medium-sized businesses - they will go broke right away. With such outstanding abilities, you can only steer a state-owned company with budget support and immodest salary.

eat your fat, they will decide without you and decide what will happen

[Andobor]

Quote: xvot

eat your fat

they earn lard here - they have no other job.

[Altona]

Quote: Andobor

they earn lard here - they have no other job.

---------------------
Soon you will not have enough for potatoes if we continue to trade in oil and gas with such "merchants".

[Andobor]

Quote: Altona

Soon you don’t have enough for potatoes

Don’t worry about us - poverty is poor, in Russia the standard of living, pensions, salaries, GDP per capita, which are at par, that at PPP are not just higher, several times higher (3-4 times) than saloids, saloids from the 90s and they didn’t get out - that's why they jumped in.

[Lamata]

Russia, when will the thread support itself?

[Lamata]

I would like to hear the word of Sechin, he, according to Putin, the guru, namesake, say.

[Altona]

Quote: Lamata

I would like to hear the word of Sechin, he, according to Putin, the guru, namesake, say.

-------------------------
I'll tell you the word of the calculator. Until March 9, the Russian budget received $ 42 per barrel, multiplied by 10 million barrels. Today the budget will receive $ 12 multiplied by 8,5 million barrels. Are you friends with mathematics? Or did they come up with mathematics in the State Department? This is how much "brilliant victories" cost us, which cut the budget by 4 times.

[Vadim237]

What kind of budget are you cutting 4 times - stop writing all garbage.
"20,379 trillion rubles - projected revenues in the state budget of the country, which is 431 billion rubles more than in the previous year 2019. At the same time, revenues from the oil and gas sector will amount to approximately 2,334 trillion rubles." - Calculation of the budget of Russia by the Ministry of Finance in 2019 for 2020.

[Maks1995]

As for commoners - so is "free competition" and "democracy"
As for the Elita, it is an official cartel agreement. But also purely "democratic"

[Altona]

Quote: Max1995

As for the Elita, it is an official cartel agreement. But also purely "democratic"

------------------------
A cartel is when private corporations agree for their maximum profit. OPEC agrees on the state to supplement its budgets, which go to the needs of people and the state.

[Maks1995]

In a cartel agreement, too, "... agree ... to replenish their budgets, which go to the needs of people and the state." The right people and the right states ..... It's just a bit different scale.

"to replenish their budgets" you can forget about the holy competition ...

[Vitaly Tsymbal]

Trump has already said that the United States will not reduce oil production. Trump is a fine fellow, he destroys the ideology of globalism and makes it clear: the guys get out for themselves the welfare of the United States is more important than the rest of the world ... Maybe this is for the better, maybe our government will begin to change course from active participation in the global economy, to a course of increase well-being of the population of Russia and mainly due to its resources and national potential.

[g1washntwn]

The United States is generally on the side. Oil prices will go up only when the Saudis buy up all the oil companies they want. Neither ours, nor American wishlist influence them. The "free market" and the rampant democracy ...

[rocket757]

Big uncles should solve such important / complex problems as adults.
Let's see who is big / adult, and who went out for a walk, not to take a walk in moderation.

[Altona]

Quote: rocket757

Big uncles should solve such important / complex problems as adults.
Let's see who is big / adult, and who went out for a walk, not to take a walk in moderation.

----------------------
"Big uncles", or rather adult infantiles and egoists, after the demonstrative flogging, went down by 14%, although initially they were asked for only 5%, but then they did not agree "like an adult".

[Cowbra]

This was the reason for the withdrawal of the Russian Federation from OPEC +. And then the Russian Federation must comply with something, the United States - no. What is the point for Russia? Moreover, within the framework of not even OPEC, but the Big Three - about 40% of everything in the world is produced. Moreover, from the Big Three, the United States is not bound by any obligations, plus trades in Iraqi oil, for example. Or Syrian

[Overlock]

Quote: Cowbra

And then the Russian Federation must comply with something, the United States - no.

and the US member of OPEC? So why would she do something?

[Cowbra]

That's why Russia came out. Now the problems - it is with the United States and to fulfill - will have to. And then they are well settled!

[Gene84]

Quote: Cowbra

Now the problem is with the USA

They have no problem. The problems we have and the Saudis.

Quote: Cowbra

to fulfill - will have to.

What to do?

[Cowbra]

An agreement to reduce production volumes and, in general, reformat OPEC. Otherwise, their slates - already Khan

[Chaldon48]

Rather, the sky will fall to the ground than the United States will join

[sanik2020]

Everything is as always, money is scolded, money and will die.

[Max otto]

As I understand it, nothing will save ordinary people from greedy gasoline hucksters and greyhound oil workers. What is bad about cheap oil? Well, Sechin and his colleagues on the yacht will not buy it, but they will not starve. It remains to wait for aliens only.

[Gene84]

Quote: Max Otto

What is bad about cheap oil?

Gas prices. Gasoline will rise in price again, as oligarchs do not want to lose profits

[Oleg1]

Quote: Gene84

Quote: Max Otto

What is bad about cheap oil?

Gas prices. Gasoline will rise in price again, as oligarchs do not want to lose profits

And what does the oligarchs have to do with it? Three quarters of the price of gas is taxes that go to the treasury and which finance defense, health and education. What exactly do you want to remove from this list to lower gas prices?

[Alexander X]

OPEC + reduces by 10 million bar., While Mexico by 250 thousand and the United States by approximately the same. And what have you achieved? The oil market will be filled by the Americans, since it is difficult to call their decline in general and a decrease against the background of a decline in Russia. Or do I don’t understand something and this is a victory over the shale?
..

[Alexander X]

Sealed above, but I can not fix it. Therefore, I clarify: Russia and Saudi Arabia will reduce production from May BEFORE 8,5 million barrels per day. If we take it from the March levels, then Russian companies have assumed maximum obligations compared to partners in the agreement.

The last time less than 8,5 barrels in Russia was produced in 2003.