Military Review

Russia has outplayed Saudi Arabia in the PRC oil market: there are pluses to selling oil for nothing

103

The other day, as reported by Military Review, information came that Russia came out on top in terms of crude oil supplies to China. As a result, Saudi Arabia, the largest oil partner of China for all recent years, was pushed to the second position. At the same time, reaching the first place among oil suppliers for Russia was marked by losses, since China decided to overstock with "black gold" while it had an extremely low price.


It would seem that Russia lost a lot by supplying China with oil at bargain prices. And Saudi Arabia, on the contrary, won with China's partial refusal of its services.

However, it is noted on the world oil market that Russia is replaying Saudi Arabia in the Chinese market and is gaining pluses. The Russian Federation made a big bet on the PRC market, and this rate can ultimately not only offset losses due to oil exports at low prices, but also bring much more substantial dividends.

Recall that the PRC Main Customs Directorate reported a 17,7% increase in purchases of Russian oil in April, while a decrease in Saudi oil purchases by 18% (in annual terms). Purchases from the Russian Federation reached 7,2 million tons.

So what do oil market experts see as positive for Russia regarding reaching the 1st place in oil supplies to China?

The fact is that this happened against the background of the Chinese economy entering a new growth after a long fall due to the pandemic. This suggests that Chinese industry will require more and more energy volumes. Russian suppliers increased oil exports to the Chinese market at precisely the moment when they were “recalculating” the benefits. Accordingly, Saudi suppliers, who were forced to reduce the supply of “black gold” to China, are faced with the fact that a significant segment of their market is occupied.

To return it, Riyadh will either have to go for new unprecedented discounts, which against the background of the current situation in the Saudi economy, is not at all an obvious decision, or wait for such a growth of the Chinese economy, in which, as they say, enough for all suppliers. Experts believe that such a growth could be 9-9,5% in annual terms. But so far these are sky-high figures even for China.

But for Saudi Arabia in relations with China there is a problem that lies primarily in the political plane. The fact is that Riyadh has always been on the side of the United States in making those decisions. These decisions are often against the interests of China. Therefore, the Saudi authorities find themselves in a situation in which it will be doubly difficult to regain the fullness of the Chinese market - precisely because of loyalty to the United States. China is stricterly declaring that it will not accept any pressure, either economic or political. And therefore, Saudi Arabia will have to "maneuver." However, sitting in the US-China confrontation on two chairs at once in Riyadh just will not work.
Photos used:
Rosneft website
103 comments
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  1. Mavrikiy
    Mavrikiy 27 May 2020 18: 01 New
    -18
    Russia outplayed Saudi Arabia in the oil market of China:
    Hello to the liberals! Let them turn green. angry
    1. Deniska999
      Deniska999 27 May 2020 18: 15 New
      12
      Apparently, you didn’t go further than the headline, sadly.
      1. Mavrikiy
        Mavrikiy 27 May 2020 18: 49 New
        -18
        Quote: Deniska999
        Apparently, you didn’t go further than the headline, sadly.

        You are mistaken, left and returned. angry
      2. antivirus
        antivirus 27 May 2020 20: 06 New
        +5
        Each of the participants should remember: “they all drank together in the evening, and each person got a hangover in the morning, alone”
        1. pavelty
          pavelty 28 May 2020 10: 04 New
          +1
          Why so? You can and together)
    2. Snail N9
      Snail N9 27 May 2020 18: 16 New
      -1
      "Replayed ....", "defeated everyone ....", "KhPP in action ....", "rallying .....". Yeah. yes
      1. The leader of the Redskins
        The leader of the Redskins 27 May 2020 18: 27 New
        -1
        So I have something smack from victory ... Not really ...
        1. Dmitry Donskoy
          Dmitry Donskoy 27 May 2020 18: 36 New
          +1
          Chess players often sacrifice pieces for the sake of a winning game. Count the chickens in the fall. hi
          1. GMM
            GMM 27 May 2020 19: 33 New
            +7
            Something our grandmaster cannot get rid of Medvedev’s figure, for the sake of victory ...
            1. SSR
              SSR 27 May 2020 22: 07 New
              +7
              Quote: mmg
              Something our grandmaster cannot get rid of Medvedev’s figure, for the sake of victory ...

              As always, the article is about one thing and your comment is just a guide to how to "constructively" discuss the article. Tin. Tin is not specific to you, but according to the mass of such comments.
              1. Roman123567
                Roman123567 28 May 2020 08: 52 New
                -7
                So it’s all tied to one ..
                If you want to discuss such "victories" here .. involuntarily, the ends will lead to the one on whom it all depends ..
                If a shepherd shoots a sheep from a herd every day .. one cannot help but recall the shepherd in a conversation about why there are so many flies and a strong cadaverous smell ..
                So .. just the same, it’s quite constructive ..
            2. Roman123567
              Roman123567 28 May 2020 08: 50 New
              -3
              Generally interesting is the influential person who imposed him at the time to Putin ..))
          2. lis-ik
            lis-ik 27 May 2020 21: 34 New
            0
            Quote: Dmitry Donskoy
            Chess players often sacrifice pieces for the sake of a winning game. Count the chickens in the fall. hi

            Without pants, you’ll be left with such calculations.
      2. Alekseev
        Alekseev 27 May 2020 19: 54 New
        +6
        Well, that’s not written in the article: they say, won, won, beat everyone, etc.
        When the global crisis, a colossal drop in demand is not particularly play.
        But cooperation with China showed its strategic benefit. Naturally, China will try to buy energy resources not from the states dependent on the Americans, but from the Russian Federation.
        This is a plus for us, but it is clear that they hope for an export model of economic development is simply stupid. You will not replay anyone there by the rules, there are more and more outrages
        1. Nyrobsky
          Nyrobsky 27 May 2020 20: 14 New
          +5
          Quote: Alekseev
          Well, that’s not written in the article: they say, won, won, beat everyone, etc.
          For "Snail" this is not important. He is always jarred and shaken when Russia is at least getting something positive, and therefore is ulcerating. Only this time, he forgot to add about “scrapes” and about “rising from his knees”. Not a bit modified.
          "Replayed ....", "defeated everyone ....", "KhPP in action ....", "rallying .....". Yeah.

          Quote: Alekseev
          But cooperation with China showed its strategic benefit.
          About this at the copper and Foreign Minister of China comrade Wang Yi said that as long as Russia and China stand shoulder to shoulder, the balance of power in the world will be maintained, and in the context of the outbreak of economic war on the part of the United States and unfounded claims against China on the part of Trump, to pay compensation for the pandemic in the amount of $ 9 trillion , God himself ordered China to shut off oxygen to the American allies of the Saudis.
        2. Roman123567
          Roman123567 28 May 2020 08: 54 New
          -1
          Naturally, China will try to buy energy resources not from the states dependent on the Americans, but from the Russian Federation.

          He will buy where it is cheaper ..
          So the plus for us now is that oil does not have to be drained into the ground ..
    3. Civil
      Civil 27 May 2020 20: 26 New
      +3
      This is already a victory again; China has filled up with evil oil to the Saudis with evil.
    4. lis-ik
      lis-ik 27 May 2020 21: 33 New
      +3
      Quote: Mavrikiy
      Russia outplayed Saudi Arabia in the oil market of China:
      Hello to the liberals! Let them turn green. angry

      Hi limited.
  2. Junior Private
    Junior Private 27 May 2020 18: 16 New
    +2
    The author correctly mentioned the purely political curtsy of China towards Russia. For now, we should "make friends" a little more. Or just pretend. But only bye. Politics, it is like that.
  3. rocket757
    rocket757 27 May 2020 18: 16 New
    +9
    The game is long. Let's see, then we will draw conclusions.
    1. Mountain shooter
      Mountain shooter 27 May 2020 18: 36 New
      +2
      Quote: rocket757
      The game is long. Let's see, then we will draw conclusions

      It is for a long time. Especially when we do not know 99% of the information on this issue. It remains to "eat" heterogeneous information from not always reliable sources. One thing is clear ... screaming that Russia lost the dry battle of the oil war - at least recklessly. Prices have gone up. Until the cherished 42 is not much left. However, according to the slate, it was not weak. In a month or two, consumption will increase, prices will win back ... And all momentary losses are compensated ...
      1. rocket757
        rocket757 27 May 2020 19: 15 New
        +5
        Much has not yet settled down, but most knowledgeable people have argued that the delivery of raw materials through pipes, directly, will always benefit if its production is not overly expensive, it depends on the political situation!
        In short, waiting for the first results is not long left ... if politicians do not stir up something.
        1. Snail N9
          Snail N9 27 May 2020 19: 24 New
          +4
          There the news slipped, in Russia it turns out in April, "prices" fell on gasoline! as much as whole ...... 0,2%
          https://neftegaz.ru/news/petroleum-products/550999-tseny-na-benzin-v-rossii-v-aprele-2020-g-snizilis-na-0-2/
          laughing
          1. Mountain shooter
            Mountain shooter 27 May 2020 19: 41 New
            -4
            Quote: Snail N9
            by whole ...... 0,2%

            So the price of oil in the cost of gasoline in Russia is not at all basic! This is not the USA.
      2. Nikolai Korovin
        Nikolai Korovin 27 May 2020 19: 30 New
        10
        Remaining in the distant past, the price of a barrel of -40 for April futures is a strong blow to stock market speculators who do not have real contracts on hand. It was they who, juggling 10 empty barrels onto one really existing full and having no real oil in their hands, played up and down, and extracted margins, presumably much more than the most efficient producers. Of course, they will not disappear as a class by magic - the majority in the zagashnik had quite something to pay, but this incident will make them behave more carefully, keep a more or less constant line and be content with a few smaller dividends for their fruitful activity in selling physical vacuum, which will make the market less volatile and more predictable. Of course, over time they will leap again, but here some kind of bummer can happen again. So, a step forward, two back, and these pretty swings will swing.
      3. Pilat2009
        Pilat2009 28 May 2020 09: 37 New
        +1
        Quote: Mountain Shooter
        Quote: rocket757
        The game is long. Let's see, then we will draw conclusions

        It is for a long time. Especially when we do not know 99% of the information on this issue. It remains to "eat" heterogeneous information from not always reliable sources. One thing is clear ... screaming that Russia lost the dry battle of the oil war - at least recklessly. Prices have gone up. Until the cherished 42 is not much left. However, according to the slate, it was not weak. In a month or two, consumption will increase, prices will win back ... And all momentary losses are compensated ...

        Including shale. They are easier to preserve and re-preserve.
        1. Mountain shooter
          Mountain shooter 28 May 2020 10: 30 New
          -2
          Quote: Pilat2009
          Including shale. They are easier to preserve and re-preserve.

          What about loans? To which all these wells were made? Is preservation easy too? Dividend investors are waiting! And about the ease of shale well conservation, do we know where? According to the companies that are credited with the most "can not"? tongue
          1. Pilat2009
            Pilat2009 29 May 2020 10: 01 New
            0
            Quote: Mountain Shooter
            Quote: Pilat2009
            Including shale. They are easier to preserve and re-preserve.

            What about loans? To which all these wells were made? Is preservation easy too? Dividend investors are waiting! And about the ease of shale well conservation, do we know where? According to the companies that are credited with the most "can not"? tongue

            Is Fedun authority for you? He spoke on TV and said that in America, bankruptcy is framed in two fingers. Another owner just comes and the business continues. As for conservation, the market will decide everything. If everything was bad, this industry would not develop
  4. Junior Private
    Junior Private 27 May 2020 18: 22 New
    -4
    Quote: rocket757
    The game is long.

    Exactly. In the long run, the Saudis and other Norwegians are not players.
    1. unaha
      unaha 27 May 2020 18: 58 New
      +4
      So in the long term and we are not very ... with confirmed reserves, which at the current level of production will last for 30-45 years.
      1. AU Ivanov.
        AU Ivanov. 27 May 2020 20: 04 New
        0
        After 40 years, it may happen that neither oil nor gas in such quantities may be needed.
        1. unaha
          unaha 27 May 2020 20: 50 New
          0
          That's quite possible )
      2. Nyrobsky
        Nyrobsky 27 May 2020 20: 20 New
        +4
        Quote: unaha
        So in the long term and we are not very ... with confirmed reserves, which at the current level of production will last for 30-45 years.

        Well, they haven’t opened the Arctic either. In the same 30 years, the geography of n / fields will change dramatically. No wonder mattresses picked up the Arctic "scabies".
        1. Junior Private
          Junior Private 27 May 2020 20: 39 New
          +3
          Not only the Arctic. Still eastern Siberia, the Sea of ​​Okhotsk ...
        2. Pilat2009
          Pilat2009 28 May 2020 09: 39 New
          0
          Quote: Nyrobsky
          Quote: unaha
          So in the long term and we are not very ... with confirmed reserves, which at the current level of production will last for 30-45 years.

          Well, they haven’t opened the Arctic either. In the same 30 years, the geography of n / fields will change dramatically. No wonder mattresses picked up the Arctic "scabies".

          We have higher production costs, and in the Arctic in general
          1. Nyrobsky
            Nyrobsky 28 May 2020 09: 47 New
            +1
            Quote: Pilat2009
            Quote: Nyrobsky
            Quote: unaha
            So in the long term and we are not very ... with confirmed reserves, which at the current level of production will last for 30-45 years.

            Well, they haven’t opened the Arctic either. In the same 30 years, the geography of n / fields will change dramatically. No wonder mattresses picked up the Arctic "scabies".

            We have higher production costs, and in the Arctic in general

            Above it is higher, but the conversation is about production in the long term, after 30-40 years, when the existing deposits (not only in Russia) are largely exhausted and the cost of a barrel will very likely cover all the costs of its production, and therefore production oil, even in the Arctic, will be cost-effective.
            1. Pilat2009
              Pilat2009 28 May 2020 09: 51 New
              0
              Quote: Nyrobsky
              Quote: Pilat2009
              Quote: Nyrobsky
              Quote: unaha
              So in the long term and we are not very ... with confirmed reserves, which at the current level of production will last for 30-45 years.

              Well, they haven’t opened the Arctic either. In the same 30 years, the geography of n / fields will change dramatically. No wonder mattresses picked up the Arctic "scabies".

              We have higher production costs, and in the Arctic in general

              Above it is higher, but the conversation is about production in the long term, after 30-40 years, when the existing deposits (not only in Russia) are largely exhausted and the cost of a barrel will very likely cover all the costs of its production, and therefore production oil, even in the Arctic, will be cost-effective.

              You read how many reserves are enough for the Saudis. By then, everyone will ride electric cars
              1. Nyrobsky
                Nyrobsky 28 May 2020 10: 45 New
                +1
                Quote: Pilat2009
                You read how many reserves are enough for the Saudis.
                Besides CA in the world, there are enough other participants in the oil market supplying the foreign market and setting the price for oil, but not all countries will remain them in the same 30-40 years because they will leave the market because the oil they have will be enough only for domestic consumption. In this world, everything is conditional. The planet’s population is growing, resource consumption too.
                by then everyone will drive electric cars
                Well, let's put it this way, oil is not only an internal combustion engine.
      3. Junior Private
        Junior Private 27 May 2020 20: 32 New
        +3
        You see, regardless of who considers the time period and what is meant by the word “long-term,” the political component should be taken into account first. Here to take the KSA - they can do nothing with the Hussites, and the USA, absolutely brazenly and openly, threatens to remove the military roof. Please note that I have not said anything new. And what do poor Saudis do? Sell: polymers at the “right” price, football clubs at bargain prices, Mercedes and thoroughbred camels. And their desert sand, even in building mixtures can not be sold. For it is not needed. Not particularly better is the “long-term perspective” with Norway, which they like to exhibit as an exemplary gas station. There are already seriously combed turnips in the light of today's prices for polymers. Wrap them up, if something happens, it will also not be difficult. And from Russia, such fortels will not work. We have an army to protect our polymer business and the food industry will not let us die of hunger. So Russia has a solid margin of safety in "durability".
        1. Pilat2009
          Pilat2009 28 May 2020 09: 47 New
          +2
          Quote: Junior Private
          You see, regardless of who considers the time period and what is meant by the word “long-term,” the political component should be taken into account first. Here to take the KSA - they can do nothing with the Hussites, and the USA, absolutely brazenly and openly, threatens to remove the military roof. Please note that I have not said anything new. And what do poor Saudis do? Sell: polymers at the “right” price, football clubs at bargain prices, Mercedes and thoroughbred camels. And their desert sand, even in building mixtures can not be sold. For it is not needed. Not particularly better is the “long-term perspective” with Norway, which they like to exhibit as an exemplary gas station. There are already seriously combed turnips in the light of today's prices for polymers. Wrap them up, if something happens, it will also not be difficult. And from Russia, such fortels will not work. We have an army to protect our polymer business and the food industry will not let us die of hunger. So Russia has a solid margin of safety in "durability".

          Something the army doesn’t really help complete the construction of SP-2. Yes and is not seen in the Stockholm court
    2. rocket757
      rocket757 27 May 2020 19: 18 New
      +2
      Everything is interconnected, this should not be denied, everyone has different positions, this is also clear .... they will agree, in the end. Hydrocarbons, this is a long and thin world is preferable to a complete mess.
  5. GMM
    GMM 27 May 2020 18: 23 New
    +1
    By the way, I’m more than sure that if we continue to sell oil at minus $ 8 per barrel, i.e. in the literal sense, as is now happening according to the results of the April auction, to pay for the fact that they take it from us, then we can capture the entire world market for the sale of crude oil!
    1. Deniska999
      Deniska999 27 May 2020 18: 31 New
      -1
      Ready to pay for it from your pocket? Given all the unreality of your proposal.
      1. GMM
        GMM 27 May 2020 18: 50 New
        +5
        So I and you and we all pay April contracts at minus eight.
        1. ccsr
          ccsr 27 May 2020 19: 38 New
          -2
          Quote: mmg
          So I and you and we all pay April contracts at minus eight.

          Have you ever wondered why chain stores in the West offer products for free as soon as their expiration dates begin? It would seem that you can simply dispose of it after the expiration date, but it costs money, that's why they give them free to save money.
          Now the situation is with oil, and in order not to pay for its storage and not to significantly reduce production, it is more profitable to get rid of surpluses, albeit at a lower price, but the main thing is to force the Chinese economy to work at full capacity with cheap raw materials. Well, then over time we will come to normal prices - 45 or more dollars per barrel.
          1. GMM
            GMM 27 May 2020 19: 45 New
            +6
            Not me minus.
            Example: When a supermarket throws out all expired milk in the trash, it is very difficult to write down a merchandiser, marketer, department head, chief manager, or the store director himself as a victory.
            But in our country it is presented as an achievement, and the Millers, the Sechins receive a prize, as intergalactic managers of the god level ...
            1. ccsr
              ccsr 27 May 2020 20: 01 New
              +1
              Quote: mmg
              Example: When a supermarket throws out all expired milk in the trash, it is very difficult to write down a merchandiser, marketer, department head, chief manager, or the store director himself as a victory.

              Now there is a problem with coronavirus in the country. Delivery contracts are concluded at the end or beginning of the year - as a rule. Who then could foresee from commodity experts that people would buy more alcoholic drinks, and the public catering would refuse to buy products from networkers because they were closed.
              Quote: mmg
              But in our country it is presented as an achievement, and the Millers, the Sechins receive a prize, as intergalactic managers of the god level ...

              Of course, these are not achievements, but with regard to their earnings, capitalism has never promised equality in this, which means it is necessary either to change the whole system or to abandon the accusations of those who determine their earnings themselves. Pure Marxism is not my initiative.
        2. Deniska999
          Deniska999 27 May 2020 19: 58 New
          0
          There were no contracts at negative prices. And you propose to get involved in an economic war with an unclear result.
    2. Mountain shooter
      Mountain shooter 27 May 2020 19: 16 New
      +5
      Quote: mmg
      further sell oil at minus $ 8

      Yes, there were no such prices. It was a surge in the stock exchange as a result of the espiration of futures contracts. There were no real deliveries at any negative prices ... But the artistic whistle on this subject continues.
      wassat
  6. Break through
    Break through 27 May 2020 18: 39 New
    -18
    Not bad. Now we will capture the Chinese market good
    1. Runoway
      Runoway 27 May 2020 18: 57 New
      15
      Who are we"?????? laughing if you are a shareholder of Rosneft, Lukoil, Gazpromneft, Transneft and others, then I am sincerely glad for your success.
      If not, WHAT SHOULD NOT HAPPEN ON THE OIL MARKET OF THE POPULATION OF RUSSIA IT IS ONLY + TO THE COST OF GASOLINE (well, everything else, respectively, transportation costs)
      1. Crowe
        Crowe 27 May 2020 19: 21 New
        11
        I agree that they will certainly throw on gasoline in order to cover the costs in the foreign market at the expense of consumers in the domestic.
      2. Voyager
        Voyager 27 May 2020 19: 56 New
        -6
        Nothing like this. In the case of oil growth, which will lead to the strengthening of the ruble, people will increase purchasing power in the import segment.
        1. Voyager
          Voyager 28 May 2020 00: 37 New
          0
          To the minusers, it seems, the difference in the cost of household appliances and electronics at different rates of the ruble against the dollar / euro is not obvious. See for you that 30, that 50, that the current 70 are all the same)
        2. Pilat2009
          Pilat2009 28 May 2020 11: 49 New
          +2
          Quote: Voyager
          Nothing like this. In the case of oil growth, which will lead to the strengthening of the ruble, people will increase purchasing power in the import segment.

          Purchasing power will increase in the event of a salary increase, and not as a result of surges in oil prices or the dollar. Yes, and the ruble is unlikely to return to 65. because the government is profitable cheap ruble
          1. Voyager
            Voyager 28 May 2020 12: 19 New
            -2
            You decide to buy a phone worth $ 500. Will it be more profitable for you if your salary is increased by 5000 rubles or if the dollar exchange rate is not 70, but some 55? And it’s okay if the purchase of the phone is single for several years. So there is also a refrigerator, a microwave, a vacuum cleaner, a computer, after all, a tablet. Any products, including food, depending on imports.
            And if we talk about cars or professional equipment, where the difference depending on the course amounts to hundreds of thousands of rubles, there is nothing to say here. Where is your salary increase of 5-10, and even 20 thousand, and where is the difference in the cost of a good computer? A device with the same value in foreign currency costs 140 thousand in 2014 and 260 thousand now.

            They have been talking about the benefits of a cheap ruble since 2015 because there is no other way out because of sanctions, how to provide social guarantees at the expense of the exchange rate and a decrease in purchasing power in imports. However, there are leaps and they are made systematically when it is beneficial to some individuals and the government as well.
            1. Pilat2009
              Pilat2009 28 May 2020 15: 32 New
              +1
              Quote: Voyager
              It will be more profitable for you if your salary is increased by 5000 rubles or if the dollar exchange rate is not 70, but some 55

              There won’t be any 55. Not talking about it. Personally, it’s more profitable for me when the dollar is at 33. It’s more profitable for the government when it can buy 80 rubles and put more money into the budget. But this will not affect my purchasing power, because the money simply won’t go to increase my salary and to payments to pensioners, for whom the computer didn’t give up
              1. Voyager
                Voyager 28 May 2020 16: 14 New
                0
                Was 55 two years ago and will be again, this is a matter of the near future.


                Quote: Pilat2009
                But this will not affect my purchasing power, because the money simply will not go to increase my salary, but to payments to pensioners, for whom the computer didn’t give up

                You still do not understand the main message. With a simple mechanical increase in your salary, domestic prices will rise instantly.
                1. Pilat2009
                  Pilat2009 29 May 2020 06: 49 New
                  0
                  Quote: Voyager
                  Was 55 two years ago and will be again, this is a matter of the near future.


                  Quote: Pilat2009
                  But this will not affect my purchasing power, because the money simply will not go to increase my salary, but to payments to pensioners, for whom the computer didn’t give up

                  You still do not understand the main message. With a simple mechanical increase in your salary, domestic prices will rise instantly.

                  You better tell me when it will return to 7 rubles, and whether there have been cases in history for the ruble to win back short-term peaks. It doesn’t make sense for the state to sell currency for the sake of your Wishlist, and even more so in conditions of economic downturn
    2. RUSS
      RUSS 27 May 2020 19: 41 New
      -2
      Quote: Break through
      Not bad. Now we will capture the Chinese market good

      He said sitting in his Khrushchev on an old sofa with a salary of 20 tons. laughing
  7. yehat2
    yehat2 27 May 2020 18: 53 New
    20
    Author, do you hold the audience for idiots?
    The country's natural wealth merges in bulk at a low price and you call it profitable ???
    1. Blackmokona
      Blackmokona 27 May 2020 18: 58 New
      +5
      Not cheap, but still pay extra
      -8 $ per barrel
      1. alone
        alone 27 May 2020 20: 09 New
        +4
        Quote: BlackMokona
        Not cheap, but still pay extra
        -8 $ per barrel

        What's so surprising? These -8 Dollars will be withdrawn from the domestic market .. Gasoline and other fuels have not fallen ..
        The most interesting thing is that gas went this way .. Today in Russia gas is more expensive than in Europe ..
    2. unaha
      unaha 27 May 2020 19: 14 New
      12
      Even more interesting, the country's "Natural wealth" merges into the debt of Rosneft and Transneft for the construction of ESPO in the same China. Worse, the debt is not denominated in tons, but in money, and the price of oil is determined on the basis of current quotes. Those. to repay the same amounts, much more physical oil needs to be shipped.
      Perhaps this is the reason for the increase in deliveries and it is not very correct to talk about "market capture".
    3. AU Ivanov.
      AU Ivanov. 27 May 2020 20: 05 New
      -2
      Do you propose to stop production and shut down wells? It will cost even more.
      1. unaha
        unaha 27 May 2020 20: 53 New
        +2
        Of course not. Just victorious reports in the current situation seem to me inappropriate.
  8. Gennady Fomkin
    Gennady Fomkin 27 May 2020 19: 22 New
    -4
    Why should someone bend someone? Nobody bent anyone. Earn and earners, and pipelines. And most importantly - the budget)
  9. Vasyan1971
    Vasyan1971 27 May 2020 19: 24 New
    +1
    Duc, I kind of heard that the oil is different. We have a hard one, the Arabs have a light one. We have a solar, arabs have gasoline. Why compare them? The moment is such that fuel oil is needed.
    1. Pilat2009
      Pilat2009 29 May 2020 06: 55 New
      0
      Quote: Vasyan1971
      Duc, I kind of heard that the oil is different. We have a hard one, the Arabs have a light one. We have a solar, arabs have gasoline. Why compare them? The moment is such that fuel oil is needed.

      So it costs less somewhere 5. dollars plus production is more expensive. In the production cost of 5 dollars, we have 20. So the Saudis can afford to sell it for 10
      1. Vasyan1971
        Vasyan1971 29 May 2020 10: 27 New
        0
        Quote: Pilat2009
        20. So the Saudis can afford to sell it for 10

        Well, let them sell. At least for 5. Something no one infuriates, especially ...
  10. Gennady Fomkin
    Gennady Fomkin 27 May 2020 19: 25 New
    -3
    Some "experts" gathered. Most likely not so ...

    "Who bent himself?" laughing
  11. arhitroll
    arhitroll 27 May 2020 19: 35 New
    +5
    Disgraceful gas stations - what is the plan for the country after the national treasure ends ...
    1. RUSS
      RUSS 27 May 2020 19: 42 New
      -2
      Quote: arhitroll
      Disgraceful gas stations - what is the plan for the country after the national treasure ends ...

      From the people will receive even more
  12. Gennady Korsunov
    Gennady Korsunov 27 May 2020 20: 05 New
    +5
    We have replayed everyone on gas now; we have started a replay on oil. The gambling in our guide is game play. For me, such games are squandering the public domain. But rather, even worse !!!
  13. pardonov
    pardonov 27 May 2020 20: 06 New
    -4
    Yes, yes, we already had a taxi for states into space and this is removing the gas station and there is no place to store gas at a loss in Europe. The Saudis think about their citizens at birth and are really supported by the state in the next life. And we have 40% of the population going to the toilet to the street
    1. pogis
      pogis 28 May 2020 07: 11 New
      0
      June 1 is already gone.
  14. APASUS
    APASUS 27 May 2020 20: 29 New
    0
    This is of course my version, but what is happening now is very similar to the multi-way Americans? And the final goal is the dismemberment of Saudi Arabia with a possible conflict in the Arab world. There are Muslim shrines in Saudi Arabia and I think war can really go for them, should the collapse of Arabia
    1. Sergey39
      Sergey39 28 May 2020 00: 53 New
      +1
      Mnogohodovka, but not American. There is such a bickering for power that they can make one move with great difficulty.
    2. pogis
      pogis 28 May 2020 07: 12 New
      +1
      And slate your slates?
  15. mole
    mole 27 May 2020 20: 42 New
    -1
    The great and wisest top-level managers, in this case from Rosneft, just need to pass off something as a victory. That's about the seizure of the Chinese market blowing, while silent about the reduction of the European, where the Saudis just climbed instead of Rosneft.
    1. pogis
      pogis 28 May 2020 07: 13 New
      0
      The opposite is true.
  16. Gennady Fomkin
    Gennady Fomkin 27 May 2020 20: 44 New
    +1
    Minusers turned on laughing Looks like "experts" the oilmen gathered laughing
  17. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 01 New
    +3
    those were the original arrangements. Sheikhs really wanted a Rolls-Royce :) and then it became a habit. only now, "suddenly" the subscription to Dolce Vita is over. and the princes need to invest in farming - breeding camels and growing thorns. or drop everything and move. but it’s a risk, they’ll catch it one by one. here they sit, endure, save laughing
  18. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 02 New
    -1
    Quote: Mole
    The great and wisest top-level managers, in this case from Rosneft, just need to pass off something as a victory. That's about the seizure of the Chinese market blowing, while silent about the reduction of the European, where the Saudis just climbed instead of Rosneft.

    European market? laughing And he was us? laughing
    1. pogis
      pogis 28 May 2020 07: 14 New
      +2
      Are you joking?
  19. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 04 New
    +4
    The American holding United Airlines Holdings has exposed on the street 3 people of management personnel. This is the second wave. The first laid off 400 thousand employees. Another 20 thousand introduced short shifts and part-time employment.

    The same news comes literally from around the world, including the Middle East and the European Union. The only country where the aviation industry is still holding is China. But how long they will have this will remain incomprehensible.

    What does oil have to do with it? Despite the fact that aviation kerosene is produced from it, which is used to fuel aircraft. If it’s rough on the fingers, then 8,5% of the oil is taken by the energy sector, 16% by the plastics, 11,8% by the petrochemicals. Transport as a whole forms 63,7% of all oil consumption in the world. Specifically, aviation requires 23% of all oil consumed.

    More precisely demanded. The fall in demand for air travel results not only in a reduction in the active fleet of equipment and the dismissal of workers, but also leads to a decrease in the industry's need for fuel and oil. According to expert estimates, from a third to half. Or from 22,7 to 13,8 million barrels per day.
  20. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 10 New
    0
    Russia took the 1st place in terms of crude oil supplies to the PRC, pushing Riyard, the largest oil partner of China in recent years, to the 2nd place. So the Russians boldly “wiped their nose” to the Saudis in the Chinese market.

    Because, it would seem, Russia “lost” by selling oil to China at bargain prices, and Saudi Arabia, on the contrary, won. But in fact, cheap prices only played into Moscow’s hands.

    Russia made a big bet on the Chinese market, and now can not only compensate for losses from oil exports at low cost, but also earn dividends. By the way, purchases from Russia reached 7,2 million tons. laughing
    1. Pilat2009
      Pilat2009 29 May 2020 07: 01 New
      0
      Quote: Gennady Fomkin
      Russia took the 1st place in terms of crude oil supplies to the PRC, pushing Riyard, the largest oil partner of China in recent years, to the 2nd place. So the Russians boldly “wiped their nose” to the Saudis in the Chinese market.

      Because, it would seem, Russia “lost” by selling oil to China at bargain prices, and Saudi Arabia, on the contrary, won. But in fact, cheap prices only played into Moscow’s hands.

      Russia made a big bet on the Chinese market, and now can not only compensate for losses from oil exports at low cost, but also earn dividends. By the way, purchases from Russia reached 7,2 million tons. laughing

      How does it compensate for losses? Can it come back at any time and offer a price lower. China just takes where it is cheaper. By the way, how does China process different types of oil?
  21. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 15 New
    0
    Quote: Mole
    The great and wisest top-level managers, in this case from Rosneft, just need to pass off something as a victory. That's about the seizure of the Chinese market blowing, while silent about the reduction of the European, where the Saudis just climbed instead of Rosneft.

    Billions of dollars received in austerity and actually taken from their own citizens, Saudi Arabia through the state investment fund (PIF) invested in shares of American and global companies.

    The tripling of VAT, the abolition of benefits and the refusal to develop their own infrastructure will reduce domestic consumption and these measures are contrary to what Russia, the EU, the USA and China are doing now.

    There are no questions about the acquisition of assets in medicine, high-tech and Internet technologies. The bet on oil production monsters in the hope of redistributing the market in their favor is understandable. But investments in cruise, hotel, etc. companies look like a loser’s gesture in an attempt to return the loser and bet all-in.

    Or is it a politically compelled measure and we will find out later. Or never.

    The value of shares acquired in 2020 ($ million). Canadian Natural Resources - oil / gas (Canada)
    Suncor Energy - Oil Sands (Canada)
    Equinor - Oil / Gas (Norway)
    Royal Dutch Shell - the world's largest British-Dutch oil and gas company
    Total - the fourth largest oil and gas company in the world
    Eni - the largest Italian oil and gas company
    BP - multinational oil and gas company
    Boeing - one of the world's largest manufacturers of aviation, space and military equipment (USA)
    Facebook - (USA)
    Bank of America is the largest banking holding company in the United States in terms of assets
    Citigroup - one of the largest international financial conglomerates (USA)
    Walt Disney - media corporation (USA)
    Marriott is an international company managing approximately 2 million rooms in 7300 hotels in 120 countries with headquarters in the USA.
    Pfizer - a pharmaceutical company (USA), one of the largest in the world
    Starbucks - a company selling coffee (USA) and a chain of coffee houses of the same name in 75 countries
    Carnival is a multinational cruise company, one of the largest in the world (USA)
    Live Nation - Global Entertainment Company (USA)
    Cisco is one of the largest technology companies in the world (USA)
    IBM is one of the world's largest manufacturers and suppliers of hardware and software (USA). Under the knife will go:

    - Kingdom megaprojects, which include plans to build a tourist hub in the Red Sea and an “entertainment city” outside of Riyadh, will be delayed;

    - the project to expand the holy mosque in Mecca will be slowed down, since it is now the epicenter of the disease COVID-19 in KSA;

    - Some programs will be reduced within the framework of the economic transformation plan of Crown Prince Mohammed bin Salman “Vision 2030”;

    - A committee was set up to study wages and benefits paid by a number of new government agencies that were created outside the umbrella of the civil service, where employees are often paid significantly more than ordinary government employees. Such structures include Vision 2030 programs. The committee was requested to submit its recommendations within 30 days.

    - State oil giant Saudi Aramco has begun negotiations to revise the price of acquiring a controlling stake in Saudi Basic Industries Corp due to lack of finance and expects to lower the deal price by $ 69 billion
    Atlanta they are, not to straighten your shoulders.

    All around the neck of a stupid lazy and weak cattle sitting.

    And they still try to get into their pockets. laughing
  22. Gennady Fomkin
    Gennady Fomkin 27 May 2020 21: 24 New
    0
    "Having burned themselves in milk, they blow into the water. laughingKeep up the minusers laughing
  23. GMM
    GMM 27 May 2020 22: 19 New
    -3
    Very roughly this situation can be described like this.
    Nearby are two competing gas stations not far from one of the ATP, whose vehicles are refueling at these gas stations as there is no queue at them.
    And one of the gas stations starts selling gasoline below cost and even pays extra.
    Of course, it has a full house, and another gas station stands idle at a loss with full fuel tanks.
    Now the only question is how much gold and currency savings will be enough for the owner of a generous gas station to continue such an unusual desire to please the ATP leadership and annoy the competitor.
    1. pogis
      pogis 28 May 2020 07: 16 New
      +1
      Are you talking about the Saudis?
    2. The comment was deleted.
    3. Pilat2009
      Pilat2009 29 May 2020 07: 16 New
      0
      Quote: mmg
      Very roughly this situation can be described like this.
      Nearby are two competing gas stations not far from one of the ATP, whose vehicles are refueling at these gas stations as there is no queue at them.
      And one of the gas stations starts selling gasoline below cost and even pays extra.
      Of course, it has a full house, and another gas station stands idle at a loss with full fuel tanks.
      Now the only question is how much gold and currency savings will be enough for the owner of a generous gas station to continue such an unusual desire to please the ATP leadership and annoy the competitor.

      Let’s do it a little differently. Firstly, raw materials are supplied, not gasoline; the cost of gasoline is also different, it’s all necessary to count and count. .
      further, the cost of Saudi oil is noticeably cheaper than Russian, 10-15 dollars, so gasoline for gas stations is cheaper. Now, the main thing: guess who will have more profit if the price of gasoline on both columns is the same?
  24. pereselenec
    pereselenec 28 May 2020 02: 05 New
    -3
    Russia has outplayed Saudi Arabia in the PRC oil market: there are pluses to selling oil for nothing

    I was once worried that the nullifier this time did not outplay all the multi-passers. Next time it is necessary to give oil with surcharge from Russia, we will win even more.
  25. FRoman1984
    FRoman1984 28 May 2020 04: 53 New
    -4
    Especially the fruits of this “victory” were felt by ordinary citizens of Russia. Happiness overwhelms our souls; we believe in further successes in the international arena and in the economy.
    1. pogis
      pogis 28 May 2020 07: 19 New
      0
      I recommend to view
  26. Roman123567
    Roman123567 28 May 2020 08: 48 New
    -3
    The title is rzhachny .. However - in Russia, where you can’t spit - everywhere like that ..

    On this topic..
    Accordingly, Saudi suppliers, who were forced to reduce the supply of "black gold" to China, are faced with the fact that a significant segment of their market busy.

    To him return, Riyadh will either have to go for new unprecedented discounts,


    I remember, recently, someone Sechin was joking that if the market is busy with someone (it was in the USA), then you can’t get in there .. Now, the author of the article repeats it ..

    And meanwhile .. we took and calmly "got into" the market that the SA was busy .. The issue was decided at the same time solely due to the price .. Accordingly, the price will change - China will change its suppliers .. Maybe even back ..

    The PRC reported an increase in purchases of Russian oil in April by 17,7%, while a simultaneous decline in purchases of Saudi oil by 18%


    If tomorrow we will also pay 20 bucks to China for a barrel to buy oil from us, which we have nowhere to go, then I am sure that the growth in purchases will be even higher .. and the volume of the Saudis will fall even more ..))
    These are here with us, let’s take it, pabedy ..
  27. zwlad
    zwlad 28 May 2020 12: 25 New
    -1
    And when will the oil end, what will happen to the current developed economies? That is the question.
    1. notingem
      notingem 28 May 2020 16: 39 New
      0
      Oil will not end. America will not go to the bottom of the ocean. The dollar as it was the world currency will remain. An accurate forecast of at least 30 years
  28. notingem
    notingem 28 May 2020 16: 13 New
    0
    Yeah. I see. Trading minus currency is profitable.
  29. 7,62h54
    7,62h54 28 May 2020 17: 19 New
    +2
    Yes, this is another victory of the Dear Leader. We have something to be proud of.
    God save the king!
  30. sergo
    sergo 28 May 2020 21: 34 New
    +3
    Thanks to each such “victory”, we will increasingly lag behind the west. It is necessary to develop production, and not to build regular "streams", not to scribble with developing countries: who has sold the most resources. This is a dead end for the country. With such a government and president, we have no future.
  31. Carnifexx
    Carnifexx 29 May 2020 11: 33 New
    0
    This post is sponsored by Igor Ivanovich?