WP: Will the oil deal be a step towards a rapprochement between Putin and Trump?


At the recent talks between the leaders of the oil exporting countries, the leaders of Russia, the United States and Saudi Arabia showed amazing compliance. They were able to coordinate their efforts to pull oil prices out of a steep peak.


The reasons and consequences of reaching an agreement on the oil issue were discussed among themselves by the head of the Russian Direct Investment Fund, Kirill Dmitriev and the famous American journalist David Ignatius, representing the Washington Post (WP).

According to the American columnist, since his election, Donald Trump has been looking for an occasion to start some kind of large-scale joint project with Russian leader Vladimir Putin. And his desire was destined to be realized precisely at tripartite negotiations between the USA, Russia and Saudi Arabia.

The scale of the agreement reached on the initiative of the three leaders is truly grandiose. They managed to come to a common opinion and convince other countries of it. This has led to a reduction in world oil production by almost 20 million barrels per day, which is about 20 percent of all oil production on the planet. At the same time, countries that are not members of OPEC + and never supported the organization’s efforts to regulate oil prices joined the agreement. In particular, we are talking about the United States, Canada, Brazil and some others.

This could be called a great victory, but it did not become one because of the coronavirus. The pandemic has reduced energy demand to such an extent that the significant limitation of production did not affect oil prices as much as oil-producing countries would like. The head of the Boston Consulting Group oil advisers, J. Robinson West, expressed this very precisely:

It is good that an agreement is nevertheless concluded, but the main factor now is demand. It so happened that now, under oil prices, the floor seemed to have failed.

But although this agreement did not affect oil prices as much as expected, it showed that in a crisis situation, opponents can always come to an agreement and deal with problems together.

Kirill Dmitriev noted that in the two weeks preceding the agreement, Putin and Trump spoke on the phone five times, that is, more than the entire previous year. And the joint efforts of these two leaders, as recent events show, help to achieve excellent results.

Of course, in the context of the “coronavirus” crisis, it is difficult to predict anything, but there is reason to hope that the interaction between Putin and Trump will affect other areas as well, it will become just as productive. For example, it would be nice if leaders found a common ground on the issue of arms control.
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  1. iouris April 15 2020 16: 33 New
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    They are so close.
    1. tol100v April 15 2020 16: 43 New
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      Quote: iouris
      They are so close.
      Sarcasm? SGA and Russia in the proposed SGA format and will not agree! In the 90s already agreed! With the world bandits and peddlers of war, there’s nothing to agree on, except about their death!
      1. iouris April 15 2020 16: 46 New
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        Blessed is he who believes - it is warm to him in the world! (A.S. Pushkin)
      2. Malyuta April 15 2020 17: 16 New
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        Quote: Tol100v
        With the world bandits and peddlers of war, there’s nothing to agree on, except about their death!

        If it weren’t for them, we would have lived happily now, so we need a separate decree and a decision of the State Duma, agreed with the government, to announce the day of state funeral and mark it every year as a day off and getting rid of satraps. There is no place for them on our globe.
    2. Svarog April 15 2020 16: 47 New
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      Quote: iouris
      They are so close.

      They removed it from the language .. Russia does not threaten the USA in any way, for Russia acts within the framework of the rules established by the USA and is essentially a vassal state ..
      Another question is that Putin clearly prefers Republicans and this fact certainly suits Trump.
      but there is reason to hope that the interaction of Putin and Trump will affect other areas, will become equally productive

      It is likely that if Trump is re-elected .. while he manages to fight off the aggressive "democrats"
      Of course, everyone is interested in this deal .. except for China .. But Russia is more so ..
      In this situation, while the US Gauleiters are at the helm, we will continue to be a raw materials appendage or "gas station"
      1. Kernel operator April 15 2020 17: 19 New
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        "They removed the language .. Russia does not threaten the USA in any way, for Russia acts within the framework of the rules established by the USA and is essentially a vassal state .." Write such nonsense. Of course, you can pull the ears of "evidence" of this statement in the presence of desire and sick ... sorry, a lot of imagination. Yes, objective reality says the exact opposite, here are a few immediately obvious examples (without hesitation): Crimea, SP, SP-2, withdrawal from the dollar in gold and foreign currency reserves, an information campaign against the United States both inside Russia and abroad, etc. Where is there a vassal addiction? Personally, my opinion is formed as a result of a rather long reading of your comments (and those that are second to you): to denigrate Russia as a state, the existing system does not stop at anything, including ordinary sanity. I have only one question (which, incidentally, often flashes here): a paid bot or a person resentful of life, blaming everyone around for their failures, especially their state?
        1. Malyuta April 15 2020 17: 46 New
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          Quote: Vigorous operator
          a paid bot or a man resentful of life, blaming everyone around for his failures, especially his state?

          Yes, you shoot him to hell, one lesser whiner, and then divorced them here, they’re not allowed to work quietly.
        2. Svarog April 15 2020 19: 38 New
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          Quote: Vigorous operator
          Yes, objective reality says the exact opposite, here are a few immediately obvious examples (without hesitation): Crimea, SP, SP-2, withdrawal from the dollar in gold and foreign currency reserves, an information campaign against the United States both inside Russia and abroad, etc.

          What a naive comment, even funny ..
          The information war against the United States is being waged for the layman in order to show the people who are to blame for the troubles of Russia and to relieve themselves of responsibility when they haven’t done anything for 30 years, for the development of industry, pharmacology, science, electronics, engineering ..
          Where do you see that we have left the dollar? Or you do not notice the price increase, how ruble depreciated?
          SP-2 and other affairs of Gazprom is a business that belongs to a certain circle of people and among which there are shareholders from the USA .. so what does the independence of Russia have to do with it? How does this fact affect independence from the United States? Saddled the pipe and earn ..
          I have only one question (which, incidentally, often flashes here): a paid bot or a person resentful of life, blaming everyone around for their failures, especially their state?

          I have a question for you too .. Why haven’t we become an independent, self-sufficient state in 30 years, with our own industry, developed science, etc. Why haven’t we been able to reduce our dependence on hydrocarbon sales for 30 years? So this is for someone .. or not .. Less watch zombie TV, ask yourself more questions and maybe you will begin to see harsh reality ..
          1. Kernel operator April 15 2020 21: 47 New
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            Well, let's start in order, try to be consistent.
            1. The first thing that is most striking in your answer is that you did not even deign to carefully read my comment. "Where do you see that we have left the dollar? Or are you not noticeable price increases, how the ruble depreciated?" - I wrote about the structure of the gold and foreign currency reserves, that the dollar was replaced with other currencies, thus protecting itself and inflicting a small but still a blow (click on the nose) on the image of the dollar. Whether or not you intentionally changed the meaning, I don’t know, but the fact is not in your favor.
            2.The information war against the United States is being waged for the layman in order to show the people who are to blame for Russia's troubles and to take responsibility. I agree only in part, and at the same time, one does not interfere with the other. That is, no matter what purpose they were guided by "above", it clearly does not dock with the thesis of Russia's vassal dependence on the United States, because in this case the "master" would clearly not tolerate such behavior.
            3.SP-2 and other affairs of Gazprom is a business that belongs to a certain circle of people and among which there are shareholders from the USA .. so what does the independence of Russia have to do with it? I don’t know what management structure our resource-extracting and selling companies have, how many shareholders there are from the USA, and I’m not interested. But how much fuss around these pipelines, what kind of opposition comes from the USA, what leverage they used to try to halt the implementation of the SP-2 project - well, again, it doesn’t interfere with the thesis of vassal dependence.
            4. Why didn’t you write anything about the Crimea?))
            5.Why haven’t we become an independent, self-sufficient state in 30 years, with our own industry, developed science, etc. You see what you want to see - a half empty glass, this is your right, but many, including myself, see half full. There are problems, there are many, many questions arise for the authorities, but ... this is a separate conversation, I repeat once again - our dialogue about your, to put it mildly, controversial thesis.
            6.Watch less zombie TV, ask yourself more questions and maybe you will begin to see harsh reality .. I don’t watch TV (TV channels) from the word “completely”, I always try to find the root cause of the problem, and you know, one of the root causes of the “troubles” of our time, as for me, lies in people like you. This is my "harsh reality."
            1. Svarog April 15 2020 22: 04 New
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              Well, let's start in order, try to be consistent.

              I wrote about the structure of gold reserves, that the dollar was replaced by other currencies,
              Quote: Vigorous operator
              I wrote about the structure of gold reserves, that the dollar was replaced by other currencies,

              What currencies have the dollar replaced? wassat
              The information war against the United States is being waged for the layman in order to show the people who are to blame for Russia's troubles and relieve themselves of responsibility. I agree only in part, and at the same time, one does not interfere with the other.

              What does not interfere?
              That is, no matter what purpose they were guided by "above", it clearly does not dock with the thesis of Russia's vassal dependence on the United States, because in this case the "master" would clearly not tolerate such behavior.

              What would the owner not endure?
              I don’t know what management structure our resource-extracting and selling companies have, how many shareholders there are from the USA, and I’m not interested. But how much fuss around these pipelines, what kind of opposition comes from the USA, what leverage they used to try to halt the implementation of the SP-2 project - well, again, it doesn’t interfere with the thesis of vassal dependence.

              What levers were involved? And why aren't you curious who feeds on the "public domain"?
              Why we have not become an independent, self-sufficient state in 30 years, with our own industry, developed science, etc. You see what you want to see - a half empty glass, this is your right

              Yes, I’m not half full this glass .. I see it completely empty wassat
              There are problems, there are many, many questions arise for the authorities, but ... this is a separate conversation, I repeat once again - our dialogue about your, to put it mildly, controversial thesis.

              These problems are precisely the result of the “controversial thesis”, as you call it .. Let us ask ourselves a simple question .. who benefits if Russia remains a gas station? The answer is obvious ... USA first. And for 30 years, we have remained a gas station .. Hence the conclusion that someone works for the USA .. there is no doubt that Yeltsin worked for the USA .. so Putin continues his work, but does it more competently ..
              one of the root causes of the "troubles" of our time, as for me, lies in people like you.

              No comments wassat
              1. Kernel operator April 15 2020 23: 56 New
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                Assad’s support in Syria, Maduro in Venezuela, militias in Ukraine, the general policy of Russia in Ukraine, the sale of Turkey’s S-400, the development of the Northern Sea Route (NSR), sheltered Snowden ... These are the topics from which Washington is frantic. laughing And, if you accept your thesis about vassal dependence, then "geopolitical sadomasochists" are sitting in Washington, nothing else lol

                Let’s ask ourselves a simple question .. who benefits from Russia remaining a gas station?
                You can immediately see where the legs are growing. Who was the first to express this “thought”: “gas station hiding behind the country”, the late McCain? McCain, who fiercely hated Russia and would not hide pleasure if we all died out in agony? And now, what is the fifth column, what else they carry this nonsense about and without reason. I should be ashamed of you.

                What currencies have the dollar replaced? wassat
                The information war against the United States is being waged for the layman in order to show the people who are to blame for Russia's troubles and relieve themselves of responsibility. I agree only in part, and at the same time, one does not interfere with the other.

                What does not interfere?
                That is, no matter what purpose they were guided by "above", it clearly does not dock with the thesis of Russia's vassal dependence on the United States, because in this case the "master" would clearly not tolerate such behavior.

                What would the owner not endure?
                I don’t know what management structure our resource-extracting and selling companies have, how many shareholders there are from the USA, and I’m not interested. But how much fuss around these pipelines, what kind of opposition comes from the USA, what leverage they used to try to halt the implementation of the SP-2 project - well, again, it doesn’t interfere with the thesis of vassal dependence.

                Not the arguments of an adult, but kindergarten. They resort to this when there is essentially nothing to answer, verbiage begins.
        3. venik April 15 2020 21: 30 New
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          Quote: Vigorous operator
          Write such nonsense. Of course, you can pull the ears of "evidence" of this statement in the presence of desire and sick ... sorry, a lot of imagination

          =======
          Well, what do you want? Man-from Ukraine .... "Svidomo" patriot ..... (and this, as you know, already "diagnosis"!) ...... That" throws "a chair" at the fan ".....
      2. iouris April 15 2020 18: 58 New
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        Quote: Svarog
        Putin clearly prefers Republicans and this fact certainly suits Trump

        I think this is a simplification. Before the start of the election campaign, Trump himself did not know that he was a "Republican." There is a common task. If nothing happens to Trump and he is type of re-elected, then liberalism (of the world) as a financial and economic practice will fail (not final) and pay for that defeat. This will mean restructuring. "Pandemic" launched the process.
        Trump, in his fight against liberalism, which, you know, oli Creates a "collective clinton," relies. Forced to rely on external opponents. Domestic liberals placed on the leadership of the economic block (and money and resources are the blood of liberalism) are waging a battle against this line and for the "ideals" of freedom-equality-fraternity (tricolor). After the victory of Trump in the elections in the 21st century of the XNUMXst century, changes will begin. Everywhere: inside and out.
        What does the deal have to do with it? The pandemic is undermining Trump’s election because nullifies its economic success and strikes at the oil sector of the US economy.
    3. tihonmarine April 15 2020 16: 53 New
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      Quote: iouris
      They are so close.

      Yes, they will not let America get closer, if they get closer, Trump will immediately impeach. How we lived and we will live.
      1. iouris April 15 2020 17: 01 New
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        "That's how they lived: they slept apart, and the children were." The old life is already over. Have you not noticed yet?
    4. Doccor18 April 15 2020 16: 57 New
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      Even if they wanted to, they would not be given. Entire institutions work to foster the hatred of countries towards each other. On this, weapon barons, mastodons of world politics, and many others still have a good gesheft.
  2. Mastodon April 15 2020 16: 35 New
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    At the recent talks between the leaders of the oil exporting countries, the leaders of Russia, the United States and Saudi Arabia showed amazing compliance.

    Something suspicious .. Can it really be that China will file lawsuits for the virus?
    Volodya is more careful with these agreements, they just do not go to reduce their profits .. Oh, I can substitute Russia and China! hi negative
  3. Keeping April 15 2020 16: 40 New
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    We were tormented by the Polovtsy and Pechenegs, and their capuchins and Comanches ... That’s why there will never be a rapprochement.
  4. Gardamir April 15 2020 16: 44 New
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    While the article was being written, oil began to become cheaper again.
    1. Keeping April 15 2020 16: 47 New
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      There is no victory without defeat. If oil will constantly fall in price, then the rise in price by zero as much as a hell of a tenth of a percent can be interpreted as a great victory because of which everything was actually started.
  5. KVU-NSVD April 15 2020 16: 46 New
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    This could be called a great victory, but it did not become one because of the coronavirus. The pandemic has reduced energy demand to such an extent that the significant limitation of production has not affected oil prices as much as oil-producing countries would like
    There is not enough such a level of reduction - they will agree again, to reluctantly reluctantly collapse their oil industry and at least maintain it afloat is a mutually beneficial task. I’m more interested in who and when will be the first to break this deal at the first sign of a revival of demand?
  6. Sergey39 April 15 2020 16: 46 New
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    There can be no close partners in politics. Only senior and junior. From our point of view, “rapprochement” is possible only after gaining complete superiority over America. In the meantime, the enemies.
    1. Oleg Zorin April 15 2020 17: 26 New
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      That is - never
  7. Oleg Zorin April 15 2020 16: 57 New
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    American WTI crude oil at new lows (since May 1999) - below $ 20 per barrel (-2.54% today). Too many stocks.

    Brent Oil: -3.8% ($ 28.39)
    Urals: $ 16.6
    USDRUB: + 1.72% (74.17)
    EURRUB: + 1.12% (81.07)
    "This led to a reduction in world oil production by almost 20 million barrels per day." - Some kind of strange arithmetic. OPEC declined by 9,7 million bar / day. And who according to the authors decreased by 10,3?
    1. Prjanik April 15 2020 17: 07 New
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      So far, we have agreed on a reduction of 15 million bps from (10 million bps from 23 OPEC + countries with Russia and the Saudis and 5 million bps from 6 countries outside OPEC with the USA, Canada, etc.). But now they say that the surplus in production is not 15, but 20 million b / s, so everyone will probably agree to reduce even more.
    2. Sergey39 April 15 2020 17: 56 New
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      Why lie then?
      Brent Oil -27,96 $
      Urals - $ 24,76
      Wti. -19,99 $
      1. Oleg Zorin April 15 2020 19: 56 New
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        The results at the end of the day are even worse: the dollar exceeded the mark of 75 rubles.
        At 18.49 Moscow time, transactions with the calculation “tomorrow” are concluded at 75,18 rubles per dollar and 82,07 rubles per euro against 73 and 80,5 rubles, respectively, at the close of trading on Tuesday.
        June futures for Brent fell in price, to $ 27,6 per barrel.
        Contracts at WTI in New York $ 19,3 a barrel.
        The physical oil market feels even worse. The price of the Russian grade Urals in Europe is 16,71 dollars per barrel
  8. dgonni April 15 2020 16: 59 New
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    And who is the author of this opus? What 20 million reduction are we talking about? What is the participation of Canada and the states then?
    The fact that Trump called the geostrategue and hinted that if he didn’t cut it by 2.8 million (instead of the ones proposed a month earlier), then the sanctions would be stupid and let the Saudis themselves take away Europe. That's the whole tale for rapprochement.
    Looks nobody wanted to import on such a throw-in.
  9. Hypatius April 15 2020 17: 01 New
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    This could be called a great victory, but it did not become one because of the coronavirus.
    Whose victory? A total of three countries, well, well. But how, is it struggling with the facts that Russia was “punished” with quotas for the gopnic behavior of the Russian authorities?
    1. Oleg Zorin April 15 2020 17: 21 New
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      Hypatius! Why do you stick a knife into the heart of the urry patriots? After all, it hurts!
      1. Hypatius April 15 2020 17: 38 New
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        This, I have not yet added that Trump so wants cooperation (from the article) that he again threatened the Russian authorities in Russia to impose an embargo if they do not agree with Saudi Arabia. The Arabian princes gladly recouped for Peskov’s refusal to have a telephone conversation with Putin, after Sechin slammed the door. Geostrategy, definitely. laughing As Putin said there: "But Sechin turned out to be an effective manager!". He appointed just a buddy-portfolio-bearer to a sinecure, and he is also a manager all of a sudden! good
  10. divanka2021 April 15 2020 17: 01 New
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    trump is not related to oil in the usa, what kind of oil deal are we talking about?
  11. NF68 April 15 2020 17: 06 New
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    Get closer. Back to back. And then someone will jump further and in time. How can one get close to such lawless people as Americans?
  12. Amateur April 15 2020 17: 08 New
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    Putin and Trump spoke on the phone five times, more than in the previous year. And the joint efforts of these two leaders, as recent events show, help to achieve excellent results.

    Really persuaded trump to give an old sock?
  13. rocket757 April 15 2020 17: 16 New
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    A power can only have interests!
    1. Oleg Zorin April 15 2020 17: 22 New
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      So then the Power laughing
      1. rocket757 April 15 2020 17: 27 New
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        Personal sympathies have never been a serious obstacle to .... different actions, not only sovereign figures.
  14. Liam April 15 2020 17: 25 New
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    in the two weeks preceding the agreement, Putin and Trump spoke on the phone five times, that is, more than the entire previous year. And the joint efforts of these two leaders, as recent events show, help to achieve excellent results.

    Yes .. excellent result. Minus 25% of the Russian oil industry
  15. APASUS April 15 2020 17: 28 New
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    I think it will not, the rank of personalities is not comparable ...... Trump is no one for his own elite, he is bullied, humiliated, given on his hands, the entire presidential term.
    1. Dart April 15 2020 18: 05 New
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      do not dramatize .. there would have been no one, would have been demolished long ago .. he is a good fighter, and who is behind him ... they will also break the ridges of their shit.
  16. Prisoner April 15 2020 17: 29 New
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    Will not. Who will allow Trump to move closer?
    1. Peter is not the first April 15 2020 21: 08 New
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      They come together twice, the first time when someone the first of them becomes an expresident, and finally when the second one becomes a retirement, especially against the background of memoirs.
  17. Operator April 15 2020 17: 31 New
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    Rapprochement will go on increasing - as the US weakened, of course.
    1. Dart April 15 2020 18: 02 New
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      I agree with you.
  18. Azazelo April 15 2020 17: 31 New
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    Why should we get closer to the USA? It’s necessary to stay away from them like parasites.
    1. Operator April 15 2020 19: 30 New
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      China comes to the fore - after leaving the political arena of the Ottoman Empire, the Austro-Hungarian Empire, the German Reich, the Japanese Empire and the United States (in the process of descent).
  19. kriten April 15 2020 17: 38 New
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    The more they talk, the more Trump kicks will weigh Russia. Friendship with Putin does not prevent hatred of Russia. even the opposite. since no offense, you can add more kicks.
  20. Petrol cutter April 15 2020 17: 38 New
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    Will not. Will not.
    Stop clutching at the straws already.
    Will-will not! .. Soon cigarette butts will go! ..
    Have you watched one famous Soviet film?!. There were a lot of smart things said.
  21. Dart April 15 2020 18: 01 New
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    The intrigue was spinning ...
    The goal of both is to demolish the Fed as a supranational inert structure that impedes progress. COVI is a convenient opportunity to pinch the tails of the international oligarchy, solve the problems of controlling the flow of various material resources, redraw a lot in this world ... the berries will be in summer and autumn ...
  22. Maas April 15 2020 18: 11 New
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    Of course, Donald wanted a joint project with Vladimir. That he more than all other countries to reduce daily oil production and support the shale inside America. On this joint project came to an end. Oil has fallen significantly again today. What kind of salvation from a steep peak does the author write?
  23. Gennady Fomkin April 15 2020 19: 57 New
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    laughing Finish fat camels if anyone is interested in "what about the Arabs," then: The Oil War for the throne of the Saudis (Burney Beard)
    To understand what is happening now in the hydrocarbon market, it is not superfluous to start with a short digression into the history of the Middle East. This is where the origins of the current situation lie. Not completely, but to a greater extent. There are, of course, a host of other factors. And now they are unimaginably merged together. But all this is superimposed on the internal struggle for the throne of Saudi Arabia
  24. Gennady Fomkin April 15 2020 19: 59 New
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    Exchange for couch analysts, speculators, and banks. There is no refueling on the exchange.

    And somehow it’s ridiculous to compare the change in oil prices at times and the change in gas station prices by a fraction of a percent. laughing

    Personally, it seems to me that all these exchange games cannot be a source of reliable information.
  25. Gennady Fomkin April 15 2020 20: 03 New
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    Saudis already offer refineries in Asia and Europe the opportunity to defer payments for the delivery of crude oil for up to 90 days. But almost everyone refuses. laughing
  26. Gennady Fomkin April 15 2020 20: 08 New
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    and what will happen next at a price so soon and offshore oil in the Gulf of Mexico will be covered with a copper basin.

    Brent Oil 27,66 -1,94 -6,55%
    WTI Oil
    19,59
    -0,52 -2,59% laughing laughing
  27. Gennady Fomkin April 15 2020 20: 14 New
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    French Economy Minister Bruno Le Mayor said the other day that France’s GDP will go -8% this year wassat
  28. 7,62h54 April 15 2020 21: 05 New
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    Why what there. Bent over as women with low social responsibility.
  29. Gennady Fomkin April 15 2020 21: 10 New
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    All that you see on these electronic exchanges is not company stocks, but a virtual index of the company’s name. Buying such "shares" does not make you the last shareholder. This is only a bet (in the sense of a bet) that the price will rise. Short selling is a bet that the price will fall. This Mavrodi for fun did on the Stock Exchange Stock Generation.

    What to buy on the cheap? Units and zeros on the server disk?

    A technical analysis is generally nonsense. It was invented by just virtual stock exchanges in order to have a herd of predictable "traders" and to cut it on a regular basis. laughing