Oil prices are unpredictable, forecasters are silent


Today at 9 a.m. the cost of the July futures for Brent crude oil amounted to 23,79 dollars per barrel. This means that after growth last Friday, it decreased by 4,11 percent. Over the past year, its fluctuations in price have occurred from 73,4 to 15,98 dollars.


The current figure for a barrel of Brent crude oil is $ 20,38.

Experts attribute this decline to the continuing significant excess of supply over demand. Because of this, there is a risk of running out of crude oil storage capacities. And this, in turn, can lead to a sharp drop in futures prices, which we already observed last week.

Significant efforts to prevent a collapse in prices began to make the Saudi company Saudi Aramco. Instead of starting the process of reducing production from next month, as agreed in the framework of OPEC +, she began to do it now. This initiative was also supported by the oil industry of Nigeria, Algeria and Kuwait.

Now, due to the coronavirus pandemic, oil consumption has dropped sharply in the world. And this is not surprising, because almost 70 percent of the world's population is in self-isolation or quarantine. Instead of the 100 million barrels per day consumed earlier, now only seventy million barrels per day are required.

Gas prices are also dropping, although not as much as oil. Since last Friday, the drop in gas futures for July was 1,23 percent. However, the process of falling gas prices is by no means characteristic of all Russian gas stations, which is easy to verify personally.

By the way, nothing is heard about oil price forecasts from note-taking "experts", whose forecasts usually change several times during the day. Apparently, in the current situation, the level of confidence in such experts has fallen even more than the price of oil.
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  1. Barmaleyka April 27 2020 11: 09 New
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    speculative economy, what do we want? !!!
    what did they strive for and got, but the southern states would support in due time, you see the world would go on a different path
    1. Thrall April 27 2020 11: 29 New
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      Quote: Barmaleyka
      but the southern states would support in due time, you see the world would go on a different path

      ... the world currency would be hryvnia, and Ukraine funded the Maidan in New York laughing
      ... in Belarus for the third Sunday in a row fuel at a gas station cheaper by 1 kopeck
      1. Mordvin 3 April 27 2020 11: 56 New
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        Quote: Thrall
        for the third consecutive Sunday in Belarus fuel at the gas station cheaper by 1 kopeck

        And one Belarusian penny, how much is it in Russian rubles? We already have a penny long.
      2. Avior April 27 2020 12: 43 New
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        .in Belarus, the third Sunday in a row, fuel at a gas station cheaper by 1 kopeck

        I'll show you funnier fun
        https://autotraveler.ru/ukraine/dinamika-izmenenija-cen-na-benzin-v-ukraine.html#.Xqam9tSLS9I

        how can this be?
    2. venik April 27 2020 13: 10 New
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      Quote: Barmaleyka
      speculative economy, what do we want? !!!

      =========
      good Probably, not everyone noticed that the article was about “futures”, which had long lost their original meaning of a “deferred contract” and turned into ordinary derivatives (secondary financial instruments, which are a commonplace SPECULATIVE instrument of stock and commodity markets!). Moreover - TORNED from a real product (product). So, the volume of traded oil futures, already 15 years ago (if not more) EXCEEDED explored and even projected global oil reserves !!!
      PS Information (who is not in the know): A futures contract is a transaction according to which the seller (at a certain date) agrees to deliver, and the buyer - to buy a certain amount of goods (asset) at the price that will be formed at the last auction before the execution of the contract. Moreover, the “Agreement” itself can be the subject of re-purchase and resale - that is, simply a “dummy” designed to “bind” excess money in the financial markets!
      1. mole April 27 2020 14: 35 New
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        In the "dummy" is already turning all the so-called "economy". The tasks of which are to link surplus money supply.
        What is paramount: goods, money or labor?
        1. venik April 27 2020 14: 49 New
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          Quote: Mole
          What is paramount: goods, money or labor?

          ========
          For the “modern” Western (and, above all, American) economic model (which is so intensely impose), as the STANDARD of Western "democracy" (yes, yes! It is "democracy", for such and only SUCH a model of the "lamp" of this very "democracy" (or still crap?)) and recognize the ONLY "correct", "democratic "and" fair "- FIRST course: there is MONEYmoney and money again (!!!!!). The rest does not matter!
          1. Alex Nevs April 27 2020 19: 14 New
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            There is no such crime that they will commit for the sake of 300% profit.
    3. knn54 April 27 2020 13: 16 New
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      GEOPOLITICAL instability, however.
      1. Alex Nevs April 27 2020 19: 15 New
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        You probably have Putin and made it?
  2. Pvi1206 April 27 2020 11: 16 New
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    No one considered the consequences of the coronovirus epidemic when, at the beginning of the year, decisions were made on oil ... hence the whole whistle in the oil market ...
    1. orionvitt April 27 2020 12: 33 New
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      And here is the coronavirus? This is just the background. It's all about a sick western economy that has long been mired in financial speculation and stock trading in stocks and the rest of the "air" (in our case, oil "futures"). .If you see the case, so that the cost of the real product had a negative value. But someone also makes money on this !. The market decided. laughing Everything is upside down, and we are still trying to assure us that this is the best model of the economy. laughing
      "Trading in air is when you sell something that you don’t have. Here, Dunno, started selling seeds of giant plants that he didn’t have. On which he got burnt."
      Nikolay Nosov. "Dunno on the Moon".
      1. demo April 27 2020 13: 37 New
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        Not quite right.
        Paper oil is yes. This is a bluff.
        But there are other futures.
        For example, I bought oil for a certain price.
        And sent it to the terminal for storage.
        I know that the price will rise by 2-3-5% in a month.
        My income will be, say, 3%.
        Including all costs.
        And this is not bad.
        But then everything and everything stops.
        My oil is getting cheaper and cheaper.
        In the end, I understand that I will not be able to sell it profitably.
        But the fixed costs - storage, remained.
        And poop money.
        More precisely, they flow out of my pocket.
        I am ready to pay anyone, if only she was taken from the terminal.
        From here and the minus price of oil.

        There is a similar situation in the life of an ordinary person.
        Take a warehouse for a year.
        But here the owner sells the warehouse to another owner.
        The new owner gives three days for the export of goods / equipment.
        And where to carry, if you were looking for the last time the necessary warehouse for half a year.
        And after a month of spending the night near the goods, you understand that it is easier to sell it for 10% of the cost, the further you live like that.
        Finita La comedy.
        1. orionvitt April 27 2020 23: 03 New
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          Quote: demo
          From here and the minus price of oil.

          Do not bother, I know perfectly well where the ears of minosovy oil prices grow. I ask, is it okay to trade air? Horseradish there would have flown into the pipe, various kinds of stock market speculators are parasites, but then real producers of real goods suffer. Tomorrow, God forbid, play out on the food exchange, so that the work of farmers will depreciate? As already happened somewhere. It was sometimes more profitable for farmers to simply bury the crop back into the ground than to sell at bargain prices.
          I know that the price will rise by 2-3-5% in a month
          And if it does not rise, but as in our case, on the contrary? Say what this is, the meaning of the stock market game, to guess market trends. Such a "daisy", I guess I don’t guess, loves, dislikes. What does the concept of "play" have to do with economics, which some dare to call "exact science." So I say, everything is upside down, for the sake of financial speculators. A planned economy is a science, and a market economy is, yes, a game.
          1. demo April 28 2020 08: 44 New
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            Do not bother, I know perfectly well where the ears grow at minus oil prices.

            In vain you so immediately refuse my services.
            In our difficult time, the crown of the virus, you know, I want to work!
            And you bam! Sit! Keep quiet! what

            For me, the production worker, the son of the production worker, the grandson of the production worker, any process that does not create real tangible material end products is a priori harmful.
            Although there are some doubts.
            For example.
            The farmer planted the grain.
            Grew bread.
            Harvested.
            He calculated the costs of production.
            Invested in the final price estimated costs for future periods and assigned a price.
            Products entered the bakery.
            Grind into flour.
            They added a bunch of mark-ups and sold them to bakeries.
            Bake and roll your own.
            Hit the bread shops.
            Turn up your margins.
            They sold it.

            In the process of movement of bread to our table there is a 100-200% increase in the cost of the final product.
            And in this margin are paper futures.
            Will the farmer grow grain tomorrow - it is not clear.
            It will not be known whether a bakery will acquire it from a farmer.
            Will the bakery bake bread or close - who knows.
            And the store may close tomorrow or change the profile.
            But all "estimated future costs" have already been paid.
            And this is on a par with the board with the payment of oil futures, which is not and may not be. hi
            1. orionvitt April 28 2020 13: 44 New
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              In our difficult time, the crown of the virus, you know, I want to work!
              Eka, how the "coronavirus times" affected you. lol Well, all right, seriously, I, too, as a person, all my conscious life who created a material product, read wildly about "negative prices." I’m producing something, but financial speculators on the stock exchange put me in such conditions that I still have to pay extra so that the results of my work (by the way, a very necessary thing, in our case oil), someone took. With all my rich imagination, it is very difficult to imagine such an unnatural course of events. But he is. Hence the conclusion. The world turned upside down, lost part of what is called reasonable. And then we still sincerely wonder why everything is so bad. As for farmers, in the whole chain to grow-produce-sell, they are the lowest paid, although they perform the lion's share of very hard work. And the biggest incomes from the whole chain are, as always, from traders. Not fair. Although, what am I talking about, what kind of justice can there be under capitalism.
              1. demo April 28 2020 18: 12 New
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                The world of modern capitalism is the final, final part of what can be called the "history of mankind."
                The path of capitalism is complete.
                More precisely passed.
                Further two roads.
                Or to build a fairer society, or to what is being propagandized and embodied today - electronic-digital hell.
                Those. slavery for a limited group of people.
                And those who are not "lucky" to get into the "new world" - will be disposed of.
                And there will be no overproduction, no trading in futures.
                A handful of several million “gods” will live in a post-communist society without denying anything to themselves.
                And then it will be possible to recall with longing (if one's memory is erased) about that “gold” time when he took it for a ruble, sold it for three rubles, and he lived on 2%. hi
      2. Malyuta April 27 2020 13: 41 New
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        Quote: orionvitt
        So Dunno, he began to sell seeds of giant plants, which he did not have. On what and burned. "
        Nikolay Nosov. "Dunno on the Moon".

        But haven't Know-It-All on the Moon been classified as subversive? belay
  3. fa2998 April 27 2020 11: 20 New
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    Something doesn’t agree! 70% are in quarantine, and demand fell only by 30% (from 100 million to 70 million), which means that someone consumes this oil. Although the planes do not fly, and the cars ride much less. what hi
    1. swzero April 27 2020 11: 29 New
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      Chemical industry. And transport is not only automobile. Ships and diesel locomotives consume oil and its derivatives.
      1. fa2998 April 27 2020 11: 42 New
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        So they said the industry is standing (with the exception of vital necessities), and where are the ships sailing if the borders are closed, and the locomotives that are being driven, demand has fallen to a minimum. hi
        1. Brylevsky April 27 2020 11: 50 New
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          where ships sail if borders are closed

          I am a sailor. I can tell you that commercial vessels operate in their usual mode, that is, they are sailing for their intended purpose. Because of the hysteria surrounding this “new virus,” the problems are only with crew changes: those who have already worked out their contract on the ship cannot change normally due to the obstacles posed by the port authorities. I can’t say, whether or not the volume of cargo transportation fell, because I am not a fleet operator, but purely subjective — there were no less ships either at sea or in port ...
          1. Mordvin 3 April 27 2020 11: 59 New
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            Quote: Brylevsky
            not at the port ...

            Well, you are bent. Where are they going from the port? They will not fly into space. request
            1. Brylevsky April 27 2020 12: 22 New
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              Well, you are bent. Where are they going from the port?

              How to where? Unloaded - loaded, and - forward to the next port. How do you think liners work? Container trucks, for example? They have a "circle", a "loop" ... So I said that purely visually, there were no less ships in the ports where I had to visit recently. Another thing is that the load for them could become less ... but outwardly, it only fights by draft.
              1. Mordvin 3 April 27 2020 12: 30 New
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                Quote: Brylevsky
                there were fewer vessels in the ports where I had to visit recently.

                But where will they go then? Well, they really won't evaporate. And you probably need to count by the number of sailors, and not by ships.
          2. lis-ik April 27 2020 15: 38 New
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            Quote: Brylevsky
            I can tell you that commercial vessels operate in their usual mode, that is, they sail according to their purpose

            Moreover, trucks, as they transported goods, are transported. I often wander along the Minsk highway. Trucks from the European Union, Belarus, Ukraine are working on a daily basis. This is already in the Moscow region. I wonder how it is with passes.
          3. Victorio April 27 2020 16: 12 New
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            Quote: Brylevsky
            where ships sail if borders are closed

            I am a sailor. I can tell you that commercial vessels operate in their usual mode, i.e. are swimming according to its purpose.

            ===
            strange to hear that from a sailor
            1. Brylevsky April 27 2020 16: 21 New
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              strange to hear that from a sailor

              People walk on the ground and sailors on the deck. A ship or a ship in water floats precisely: "The buoyancy equation", "Buoyancy margin" ... did you mean this?
              1. Victorio April 27 2020 16: 57 New
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                Quote: Brylevsky
                strange to hear that from a sailor

                People walk on the ground and sailors on the deck. A ship or a vessel in water floats exactly: "The buoyancy equation", "Buoyancy margin" ... did you mean that?

                ===
                thank. everything is clear with you, "sailor")
                1. Brylevsky April 27 2020 17: 00 New
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                  thank. everything is clear with you, "sailor")

                  Yes to health laughing . Sorry to not fit into your "template" wink .
                2. Motorist April 27 2020 19: 50 New
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                  everything is clear with you, "sailor"

                  The crew. Floating base. "Happy sailing!" What attacked a colleague ?! Only from the coast I hear that the ships "do not sail"!
                  1. Victorio April 27 2020 20: 42 New
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                    Quote: Motorist
                    everything is clear with you, "sailor"

                    The crew. Floating base. "Happy sailing!" What attacked a colleague ?! Only from the coast I hear that the ships "do not sail"!

                    ===
                    your problems, "swim", and I went.
                    1. Motorist April 27 2020 20: 52 New
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                      In general, I see no problem, as well as no reason to measure the length and diameter of the propeller shaft. Yours faithfully hi
                      1. Victorio April 27 2020 20: 56 New
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                        Quote: Motorist
                        In general, I see no problem, as well as no reason to measure the length and diameter of the propeller shaft. Yours faithfully hi

                        ===
                        There is order and tradition. Someone knows / adheres to / honors, and someone does not. sorry. but I have nothing against, that’s all.
                      2. Motorist April 27 2020 21: 02 New
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                        When you go ashore, you do not wish sailors a happy voyage? I personally have such a tradition.
                      3. Victorio April 27 2020 21: 05 New
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                        Quote: Motorist
                        When you go ashore, you do not wish sailors a happy voyage? I personally have such a tradition.

                        ===
                        7 feet under the keel. Total. topic is closed.
                      4. Motorist April 27 2020 21: 14 New
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                        With a draft of more than 10 meters it sounds alarming ... Better - happy sailing.
                        Hello to you too.
                      5. The comment was deleted.
                      6. Motorist April 27 2020 22: 33 New
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                        You closed the topic. However, we continue: for 2,1 m under the keel for a vessel with a draft of 10 m (let it be 25 m wide), the cheekbone touches the ground at a roll angle of 9,7 degrees (arcsin (2,1 / 12,5)). Have you “walked” along rivers and lakes? Well there, too, shakes!
                      7. Brylevsky April 28 2020 03: 52 New
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                        However, we continue: for 2,1 m under the keel for a vessel with a draft of 10 m (let it be 25 m wide), the cheekbone touches the ground at a roll angle of 9,7 degrees (arcsin (2,1 / 12,5)).

                        Hello colleague hi To the trigonometric dependence you justly mentioned, I can also add the widely known in narrow circles “ship subsidence effect in shallow water”, squat effect: https://en.wikipedia.org/wiki/Squat_effect. I admit that comrade Victorio somewhere, once "walked" (not irony, I just use his term), and most likely it was a warship. Only military sailors "go" ships, not "sail". But these, in fact, are such trifles ... So, let his ship "go", and let my ship continue to "sail". The main thing is the essence of the process ... drinks
  • Stalllker April 27 2020 11: 44 New
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    Pour into storage
    1. Altona April 27 2020 12: 30 New
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      Quote: Stalllker
      Pour into storage

      ------------------
      Where are these storage facilities? They are not there, nowhere to put physical oil. Lease of tankers increased by 8-10 times. Now it seems that only the United States can absorb any excess oil, which they are doing.
      1. Stalllker April 27 2020 13: 13 New
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        Where do you answer in rhyme?
  • Mouse April 27 2020 11: 22 New
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    By the way, nothing is heard about oil price forecasts from note-taking "experts", whose forecasts usually change several times during the day.

    They understood the meaninglessness of their movements and self-isolated ....
    1. voyaka uh April 27 2020 11: 30 New
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      The forecast was, and it has not changed.
      In early May, all world oil storage facilities, including tankers
      Fill to the eyeballs.
      And the exporting countries will have to stop the wells.
      1. dzvero April 27 2020 12: 04 New
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        Perhaps in the summer, consumption will go up. China has already quarantined. The EU will also be wearing out in May (surviving low-cost airlines are already announcing flights). In June, the United States will also lift bans. So by fall, demand will more or less recover. Oil prices for the first time should not jump much for 60. But who knows, traders smile
        Any forecast is currently speculative. After all, if the second wave of the virus is worse than it is now, then April will seem the height of prosperity and stability. And she will be ...
        1. Mitroha April 27 2020 16: 51 New
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          And if it (the second wave) does happen, economies will begin to collapse like a house of cards. Many are unlikely to withstand another quarantine.
          1. dzvero April 27 2020 16: 59 New
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            And she will be. So far, less than 1% has been ill (if we allow a significant number of undetected cases), which, in the absence of the vaccine, will lead to the second wave after quarantine removal (the beginning about a month and a half ~ two incubation periods). The only hope is that the peak can be “smoothed out”. But if not, then first there will be a collapse of medicine, and then, before the collapse of many economies, there is a stone's throw.
      2. Mouse April 27 2020 12: 12 New
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        Words cannot be erased from a “song” (text) ...
      3. Altona April 27 2020 12: 28 New
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        Quote: voyaka uh
        And the exporting countries will have to stop the wells.

        -----------------------
        Lesha, in Russia it is prohibitively expensive. Not only do you have to shut down 20 thousand wells (about 9 tons per well per day, in Russia about 300 thousand wells) in sparsely populated areas, clean and concrete several levels with “bridges”, and wells can be “cluster”, with branches yes to a great depth. So I can’t imagine it, to be honest.
        1. NKT
          NKT April 27 2020 18: 43 New
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          Why do you need to install bridges? Are you going to eliminate it? You don’t even need to preserve, just stop the well and that’s it. How to conduct a PIP.

          There are no such cluster wells, there is a bush (cluster site) with several wells, and there is a multilateral well, these are different things.
  • Roman123567 April 27 2020 11: 27 New
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    Yes, at least why let the oil be .. The common people are neither hot nor cold ..
    Taxes will not be canceled, excise taxes will not be reduced, prices in stores will not drop ..
    We don’t go a penny from these pipes ..
    1. Greenwood April 27 2020 11: 31 New
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      This is all Putin’s cunning plan, you don’t understand anything in his many-way system.
    2. Stalllker April 27 2020 11: 45 New
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      You built this pipe so that something breaks from you?))))
      1. Barmaleyka April 27 2020 12: 09 New
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        Quote: Stalllker
        You built this pipe so that something breaks from you?))))

        so today's owners did not build
        1. Stalllker April 27 2020 12: 26 New
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          Do you think that now the "pipe" is in the same state in which it was privatized in the 90s ??? So, in the 90s, enterprises had two ways, either a gas cutter in their hands for scrap, or new owners invested and developed an enterprise that still works, provide jobs for people and replenish the budget of the Russian Federation through taxes
          1. Barmaleyka April 27 2020 12: 34 New
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            Quote: Stalllker
            Do you think

            do not specify when we drank broodershaft ?!
            Quote: Stalllker
            So, in the 90s, enterprises had two ways, either a gas cutter in their hands for scrap

            you are serious now, I know completely refitted enterprises with western equipment in 87-89 that sold for a penny, so leave these tales about tired factories and plants for victims of the exam
            1. Roman123567 April 27 2020 12: 42 New
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              for victims of the exam

              There it is ..))
          2. Mordvin 3 April 27 2020 12: 35 New
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            Quote: Stalllker
            either the new owners invested and developed the enterprise,

            Or squeezed the last juice from the enterprises and buried. And now they’re burying. Nothing changed.
            1. Stalllker April 27 2020 13: 17 New
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              Yes, no one squeezed, I worked at one such enterprise. But it was bankrupt for a long time and it was not so simple, it was just a state reserve at the enterprise. Who in the subject will understand what. And so, the plant was needed for the sake of the earth, some premises and scrap metal. And when they bought it, everyone immediately said that they would bankrupt it and no one was going to invest money. There was a time like that, well, people
              1. Mordvin 3 April 27 2020 13: 53 New
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                Quote: Stalllker
                Yes, no one squeezed, I worked at one such enterprise.

                Yes? Muscovites came on geldings and behi, and they paid us pennies. Two enterprises I worked at died in the 10s. Moreover, the equipment was not updated. For all zero only bought a Chinese drill and the same grinder. The optimizers even got to blindness. The enterprise of the blind even managed to ruin, despite all the tax benefits.
                Quote: Stalllker
                And if an enterprise is unprofitable, why is it needed ???

                I repeat. Moscow bosses rolled on such cars that the workers swore loudly. Unprofitable, speak? Or maybe their appetites are excessive? If only they had a conscience when the blind were paid 4 and a half thousand rubles, while they themselves rolled in cars worth tens of thousands of dollars.
                1. Stalllker April 27 2020 14: 06 New
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                  KrAZ didn’t come and fly there, the company still works and thrives and pay there. Because everyone needs aluminum !!! What did your enterprises produce?
                  1. Mordvin 3 April 27 2020 15: 01 New
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                    Quote: Stalllker
                    What did your enterprises produce?

                    One is a branch of ZiL, the other is a social UPP VOS. Have you seen ads in the 90s? Eyes do not see, but hands do. They made switches there, the lights are different. "Low voltage." And it was really social. A couple of houses a hundred meters from the enterprise, a handrail was passed to the entrance, a grocery store was right in the office. Now these disabled people are sitting at home, idle about.
            2. Stalllker April 27 2020 13: 29 New
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              And if an enterprise is unprofitable, why is it needed ??? You don’t even have to go far, there is Ukraine, which was tied to us, components for missiles, planes, helicopters, an engine, etc. They will be eliminated because there will be no market. If they are no longer closed. So in the Russian Federation happened and is happening. A market economy dictates its own conditions.
            3. Mite April 27 2020 21: 29 New
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              Quote: mordvin xnumx
              Quote: Stalllker
              either the new owners invested and developed the enterprise,

              Or squeezed the last juice from the enterprises and buried. And now they’re burying. Nothing changed.

              Nothing, for example, a living example .. I got bread, and then I’ve brought some bread again .. Something needs to be thrown off or the debtors will get out of control ..))) Here it is the essence of the world economy and oil prices ..

              A very instructive example is for all of us with loans, who have ..
              1. Mordvin 3 April 27 2020 21: 46 New
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                Quote: Tick
                Nothing, for example, a living example

                Well, this is a classic. Now they act more subtly, although the essence is unchanged. And most importantly, people climb into bondage and rejoice. recourse I’m wondering why ZIL collapsed into zero, and its Chinese copy, that our specialists built under Stalin, is working hard. Moreover, he is a state. Maybe it's not a bobbin, but those who are sitting in the cockpit? The same is with the VOS softener. Switches and toilets (offal to them did), everyone needs. And they paid pennies for their assembly. And even such work, people with disabilities rejoiced. Cried when they cut. What was the cost to upgrade production? They worked on machines from the time of the king of peas. And the bosses had very good grandmas. And the concrete goods factory, where I was in practice, was destroyed. All enterprises within 15 minutes walking distance. Plus also DCS. And now it is proposed to spend only a lot of time on the road. Therefore, cars buy getting into loans.
          3. Roman123567 April 27 2020 12: 41 New
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            either new owners invested money

            Kindergarten Camomile ..))
            What are these "new owners" ..)) Why are you or me not these owners ?? Actually, someone was just building this pipe !!
            And why did they suddenly “invest”, if from this they have yachts and palaces?
            And where did they suddenly get what to invest ??
            In order to invest a billion somewhere, you must first steal it at another pipe / plant ..
            1. Stalllker April 27 2020 13: 18 New
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              I didn’t invest a single ruble there, why should I be the owner ?! Or did you roll the loot there?
            2. Stalllker April 27 2020 13: 23 New
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              Do you know such a word credit?
          4. businessv April 27 2020 12: 54 New
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            Quote: Stalllker
            So, in the 90s, enterprises had two ways, either a gas cutter in their hands for scrap, or new owners invested and developed an enterprise that still works, they give jobs to people
            Simplify the problem greatly by skipping one important point. Operating enterprises, before changing ownership (s), were bankrupt and depreciated so that future owners did not invest heavily. And then, these enterprises were not bought out in order to modernize them, give jobs and replenish the budget of the Russian Federation, but in order to squeeze the maximum profit out of existing capacities, and then sell them at a reasonable price, the new owners lacked the main thing - crazy!
            1. Stalllker April 27 2020 13: 24 New
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              It was all simple, but you complicate something. Read above, I already answered this
          5. common man April 27 2020 13: 27 New
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            Quote: Stalllker
            So, in the 90s, enterprises had two ways, either a gas cutter in their hands for scrap, or new owners invested and developed the enterprise,

            That's interesting. In the 90s, the state did not have money to invest in enterprises, but for individual citizens they had to invest in enterprises (that is, oh, what a lot of money). I wonder where they came from, if before that there was no private property and everyone lived on a salary.
            PS The option that flowed from the pocket of the state into "unclean" pockets should not be taken for granted. smile
            1. Stalllker April 27 2020 13: 40 New
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              Now much has been written about those times, read it. Moreover, gas, oil, metallurgy, coal were always afloat and did not require investments. They were simply transferred through privatization to private hands, for not much money, and then the state bought gas, oil, etc. from them. And the foreign economic department sold these wealth on behalf of Russia, and so on. As children I chew something)))))))) you really are funny guys and stupid additives. What is the difference as it was before, time has passed, this cannot be returned. And it makes no sense to talk about it already, as about a virgin. Everything is not her !!!!
              1. Mordvin 3 April 27 2020 15: 09 New
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                Quote: Stalllker
                you really are funny guys and stupid yet additives.

                It’s you who write complete nonsense here.
                Quote: Stalllker
                much has been written about those times, read it.

                What is there to read, here are many adults, and lived in those days. We can write anything about them.
          6. bk316 April 27 2020 15: 38 New
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            Do you think that now the "pipe" is in the same state in which it was privatized in the 90s?

            ABOUT THE PIPE I wanted to write first to both you and the lady-in-law that type of profane again write about what they do not know. Then I realized that few people knew it at all. About gas mainly but I think that about oil pipelines is about the same.
            So . The average person knows that the gas transmission system of the Russian Federation was actually created in the 80s in the USSR and is still working. The layman thinks the pipe is left from the USSR. Almost no one knows that the pipe has already been replaced ATTENTION 2 times. How many times the units on the main compressor have changed I do not know. I think 3-4 times. I myself recognized it on occasion (I got to replace a pipe - a cyclopean spectacle - a field warehouse of large-diameter pipes) for some reason this is not advertised.
    3. Mitroha April 27 2020 17: 00 New
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      Quote: Roman123567
      Yes, at least for what let the oil be .. For ordinary people, this is neither hot nor cold.
      We don’t go a penny from these pipes ..

      Stop carrying this fierce nonsense.
      "The share of oil and gas revenues amounted to 45,6% of the total budget revenues of the Russian Federation," Rambler "reports."
      You remind 89-93 years, when the federal budget was less than Moscow now?
  • Azazelo April 27 2020 11: 33 New
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    Well, because the "forecasting experts" do not know nifig. Blur at random - they can throw poop. And apparently nobody provided the disa paid for by certain structures ...
  • rotmistr60 April 27 2020 11: 41 New
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    nothing is heard about oil price forecasts from note-taking "experts"
    So in this situation, the assumption that either the paddies will die or the donkey will not die rolls, and therefore they thought about professional authority for a while going underground. But some political scientists are not afraid to voice their forecasts - with low oil prices and full storage facilities, an old way out of the situation may work - a war, even a small one.
    1. Sidor Amenpodestovich April 27 2020 11: 53 New
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      the old way out of the situation is war, even a small one.

      Is that a palace coup in Saudi Arabia. From this, oil prices will soar, hehe.
  • alone April 27 2020 11: 50 New
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    Well, the sun-made porridge was brewed ... I just don’t understand one thing .. Why, in March, I had to refuse to reduce production by 250 thousand barrels. per day, and then a month later to sign the same agreement, but at 2,5 million barrels. per day request ? And pass it off as a grand victory .. recourse
    1. Botanologist April 27 2020 11: 57 New
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      Quote: lonely
      and then in a month to sign the same agreement, but for 2,5 million barrels. per day

      From what level?
      The second question is what is victory. In your opinion?
      The third question - where did you intend to sell oil during the period of shutdown of production around the world?
      Can. Do you dream to increase production? fool
      1. alone April 27 2020 12: 09 New
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        Quote: Botanologist
        From what level?
        The second question is what is victory. In your opinion?
        The third question - where did you intend to sell oil during the period of shutdown of production around the world?
        Can. Do you dream to increase production?

        At such prices, it’s not enough to increase, even oil production is very problematic, since there’s nowhere to put it .. It was necessary to sign a reduction of 250 thousand a day in March .. It’s all the same to cut and 250 thousand is easier than 2,5 million ...
        on tv during an online meeting, as well as during propaganda broadcasts, this is issued as the greatest victory ..
        It was necessary to spend 2,5 trillion dollars profit from oil and gas production in such industries so that the state does not depend heavily on the price of natural resources .. This was not done, although this was discussed every year for 15 years.
    2. Mordvin 3 April 27 2020 12: 03 New
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      Quote: lonely
      Why did you have to refuse in March to reduce production by 250 thousand barrels. per day, and then a month later to sign the same agreement, but at 2,5 million barrels. per day

      Well, why? To heroically overcome difficulties. laughing
    3. Barmaleyka April 27 2020 12: 10 New
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      Well, firstly, no one expected a global pandemic, and secondly, everyone was involved in the deal, not just OPEC and the Russian Federation
      1. alone April 27 2020 12: 14 New
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        Quote: Barmaleyka
        Well, firstly, no one expected a global pandemic, and secondly, everyone was involved in the deal, not just OPEC and the Russian Federation

        when in March there was talk of reducing the pandemic, it was already gaining momentum .. I think I just wanted to harm the United States with its shale oil ... but there is one thing ... shale oil production is fundamentally different from classical production ... you can stop the shale well, and then restart it .. And if you close the Siberian ones, then you won’t recover .. hi
        1. Barmaleyka April 27 2020 12: 49 New
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          Quote: lonely
          when in March there was talk of reducing the pandemic was already gaining momentum ..

          don’t tell people, WHO announced a pandemic on March 11 to March 6 when a deal fell apart in the states of 153 patients in Italy 3000 with a tail;
          even at the time of the pandemic, everyone perceived covid as another bounce from who
          1. alone April 27 2020 13: 15 New
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            Quote: Barmaleyka
            WHO announced a pandemic on March 11 to March 6 when a deal fell apart in the states of 153 patients in Italy 3000 with a tail;

            Do you seriously believe official statistics?
            Quote: Barmaleyka
            even at the time of the pandemic, everyone perceived covid as another bounce from who

            You have yes .. For a whole month on TV all sorts of Malyshevs, Myasnikovs, propagandists, priests drove people into the brain that, Sovid is garbage, he’s not afraid of anything, Malysheva even deigned to say that he’s beautiful, saying that he doesn’t touch the children fool
            Quote: Barmaleyka
            don't make people laugh

            In an attempt to whitewash the failure of their leaders just make people laugh
            1. Barmaleyka April 27 2020 14: 16 New
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              Quote: lonely
              You have yes .. For a whole month on TV all sorts of Malyshevs

              are you watching this? !!!! belay

              Quote: lonely
              Do you seriously believe official statistics?

              Excuse me, but then what are you guided by ?!
              Quote: lonely
              In an attempt to whitewash the failure of their leaders just make people laugh

              I cited the numbers you aren’t anything, so who is making fun of ?!
  • rocket757 April 27 2020 11: 52 New
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    Big speculative game is coming! It will continue to go.
    And gasoline and the truth, a pretty penny another, cheaper!
    It would be nice, but what will be there with our salary ??? There are no longer penny losses coming!
  • veritas April 27 2020 12: 07 New
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    Gas prices are also dropping, although not as much as oil. Since last Friday, the drop in gas futures for July was 1,23 percent. However, the process of falling gas prices is by no means characteristic of all Russian gas stations, which is easy to verify personally.

    Gas station prices are stable and do not fall. This is not surprising, the monopolies will not allow this to be done, and import from abroad has been banned. In such a difficult period, the population could make concessions and act according to the market, but even in this matter the state has the priority of monopoly, not the population.
    1. alone April 27 2020 12: 24 New
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      Quote: veritas
      Gas station prices are stable and do not fall.

      In the USA, 3,78 liters of gasoline costs 95 cents .. a liter is approximately 17 rubles
      Quote: veritas
      and import from abroad was banned.

      It’s so beneficial for them ... It’s necessary to somehow compensate for the losses from the fall ... at the expense of your funds
  • fif21 April 27 2020 12: 10 New
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    While there will be a monopoly - oil production, oil refining, sale of petroleum products, fuel prices will not fall. Losses in production will be offset by profits from the sale of petroleum products. To stabilize the oil market, production in the next 0,5 years should be reduced by 60%. But this is unrealistic.
    Therefore, the world is waiting for a period of low oil prices. How long it will last will depend on how quickly the global economy emerges from the crisis. hi
  • Gennady Fomkin April 27 2020 12: 31 New
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    Diamond Offshore, an American oil company, declared itself close to bankruptcy on Sunday evening and asked for protection from creditors under Chapter 11 of the Bankruptcy Act, The Wall Street Journal reported. This chapter allows the company to carry out reorganization activities. The request was sent to a special court in Houston, Texas. The Diamond Offshore explained its appeal by the plight of the “sharp deterioration” in oil production in the United States amid the COVID-19 pandemic and the price war between some OPEC + member countries.

    This year, the company chose to the remainder of the credit line in the amount of $ 400 million and was forced to miss the accrual of dividends by the holder of its debt obligations. All this happens with the active participation of oil from Saudi Arabia. The kingdom literally smothers its colleagues from the United States with its cheap goods. At the same time, no agreements have yet been violated. The previous agreement ended on April 1. A new, much more extensive, begins on May 1. But this month is complete unlimited. Because the Saudis threw all the discounts and buns and are trying to sell as much as possible.

    Harm - first of all - to yourself. They reduce future demand by overstocking the market. But it will be later. And here and now they really need money. At least how much, and at least how. Apparently, it’s very difficult for them with finances. The United States was forced to voluntarily reduce production without formally participating in the OPEC ++ deal. The first bankruptcies have already begun. Yesterday, another candidate emerged - Diamond Offshore Drilling, specializing in offshore drilling, was unable to overdue coupon payments on debt obligations. That is, there was no money even for interest on servicing a loan. Their stocks dived below the $ 1 mark, although back in February they cost about 7 bucks. The news became that domino tile that began to bring down the shares of other shales - they lost 10 to 20 percent of their capitalization on the exchange day. More camel-loving tankers have not sailed, and the industry is in ruins, what is happening! laughing
  • Zeev Zeev April 27 2020 12: 35 New
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    I give a forecast. Oil will go up gradually in the next two weeks. A sharp jump will be at the end of May, somewhere up to 50 bucks per barrel, then go down to 30 and stay there until the fall.
    1. businessv April 27 2020 12: 43 New
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      Quote: Zeev Zeev
      A sharp jump will be in late May, somewhere up to 50 bucks a barrel

      That’s just what I strongly doubt, colleague!
      1. Zeev Zeev April 27 2020 14: 07 New
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        But in vain. July futures will be traded in May, and by that time most countries will quarantine, that is, consumption will increase significantly.
    2. Greenwood April 27 2020 13: 27 New
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      Quote: Zeev Zeev
      I give a forecast. Oil will go up gradually in the next two weeks.
      Do not trade on the exchange? With your talents you probably need to. lol
      1. Zeev Zeev April 27 2020 14: 07 New
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        This is not talent. This is an assumption based on available information.
        1. Greenwood April 28 2020 09: 15 New
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          Quote: Zeev Zeev
          This assumption
          And they said that the forecast. Those. scientifically based judgment about the state of something in the future. Having a greater probability compared with the assumption.
          1. Zeev Zeev April 28 2020 09: 43 New
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            Thanks for the amendment. Looks like I don’t remember your language very well, since I even use Hebrew more at home.
    3. Sklendarka April 27 2020 17: 33 New
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      Quote: Zeev Zeev
      I give a forecast. Oil will go up gradually in the next two weeks. A sharp jump will be at the end of May, somewhere up to 50 bucks per barrel, then go down to 30 and stay there until the fall.

      Do you live in Sochi ??? (and how did you know the ransom ???)
      1. Zeev Zeev April 27 2020 18: 12 New
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        I live in Jerusalem. And if you do not believe in my analysis, wait until July. Maybe I'm wrong, but hardly much.
  • Gennady Fomkin April 27 2020 12: 40 New
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    Hyhy - nothing in the world happens to be free then.

    You have to pay for everything.

    What does the sash pay for?

    But this - in 1944 (the year of the Bretton Woods agreements) - the share in world US production was over 50%.

    Today this share is less than 18%.

    Do you smell what smell?

    And the process accelerates over time.

    If all this is continued, then the share in the world production of drafts will fall in 15-20 years to zero.

    Oops.

    It’s embarrassing how to hegemony with such indicators ... laughing

    Even with the present - already an umbilical looser.
  • businessv April 27 2020 12: 41 New
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    Apparently, in the current situation, the level of trust in such experts has fallen even more than the price of oil.
    I wonder who said that they and their forecasts generally ever had confidence ?! smile
  • Last centurion April 27 2020 12: 50 New
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    at such a rate of stopping the global economy when no one needs energy (and generally the hot part of the land comes in a hot season) and the storage facilities are full, and the insulation remains isolation ... you can get oil by May 7 and 7 ... 20 is still a very good price.
  • Gennady Fomkin April 27 2020 12: 50 New
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    Quote: Zeev Zeev
    I give a forecast. Oil will go up gradually in the next two weeks. A sharp jump will be at the end of May, somewhere up to 50 bucks per barrel, then go down to 30 and stay there until the fall.

    lol Yeah ...... I wonder when the dam will break and all this fetid silt, called the dollar, will flood into the still flowering valley, filling everything with rot and radiation ...
  • Gennady Fomkin April 27 2020 12: 52 New
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    Remember, at the beginning of last week, WTI futures for May delivery fell below zero? On this occasion, moreover, Russian citizens who consider themselves to be fucking exchange players and bought these futures on the Moscow stock exchange experienced an unforgettable experience, owing to their brokers hundreds of times more than they spent on buying these futures.
    So, these, I’m not afraid of the word, traders accuse the Moscow Exchange of not allowing negative prices to be used, although the American Exchange allows this, and now they are collecting money for lawyers to sue. But I'm not talking about that.
    Interestingly, minus prices on the New York Stock Exchange were also not available before, but they were only allowed on April 16th. Why did they do this? And on April 12, oil producers from OPEC met with Russia and the United States that joined them and agreed to reduce production from May of this year.
    The US government cannot order its companies to stop producing oil, all kinds of regulatory organizations also have little influence on producers, and the response is not fast enough. So those who rule America have the only way to fulfill the contract by cutting production: to launch the invisible hand of the market into the pockets of oil companies. And if, now not to lend them, then those who worked at the limit of profitability will stop working.
    What does the new world order have to do with it? And despite the fact that now the rules for oil trading on different exchanges are different, and oil in the USA, oil in Europe and oil in China are three different oils.
  • Gennady Fomkin April 27 2020 12: 57 New
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    Here we are talking about countries, and not about oil production. KSA needs oil at 80 per barrel due to the budget. Russia - 40 each. Venezuela - is now unknown, but before they cracked and staggered when oil below 90 left. Etc. In the US budget, shale oil and oil in general are a penny: their main source of income is not a slurry, but a printing press.
  • Piramidon April 27 2020 13: 18 New
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    By the way, nothing is heard from forecasts of oil prices from note-taking "experts"

    Oh, these experts. Now who just does not imagine himself in this role. Every gopher is an agronomist. lol
    1. Piramidon April 27 2020 15: 43 New
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      One of the local VO- "ground squirrels" minus already noted. laughing
  • Do not care April 27 2020 15: 23 New
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    On the London Stock Exchange per barrel of oil is given in the face.
  • The comment was deleted.
  • nobody111body April 27 2020 17: 29 New
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    ktozh will contradict a handful of American Jews-bigwigs what prices have set such and will be; oh yes I forget the tale about a certain "free market" where prices supposedly by themselves are set by a magic wand well, yes, but the Jews "forgot" about China Cuba and North Korea having salted us Iranians and Venezuela
  • iouris April 27 2020 17: 45 New
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    Where did the experts come from, didn't they be destroyed as a class?
  • APASUS April 27 2020 18: 29 New
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    And where is the capitalism that we were told about? Where there is competition in pricing, service, services. Again, all at the request of the people!
  • 123456789 April 27 2020 18: 50 New
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    Urals became more expensive than North Sea oil

    Russian Urals oil, which is usually sold in Europe at a discount to the price of North Sea grades, has risen in price and is now sold at a premium.

    Read more at RBC:
    https://www.rbc.ru/business/15/04/2020/5e96c1679a794726b136ac78