Рубрика: oil

The winners and losers in the new OPEC+ agreement
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The winners and losers in the new OPEC+ agreement

Oil-producing countries started their “marathon of negotiations” on April 9th, and concluded it on April 12th, around midnight Moscow time. Over the course of these three days, the ministers of the countries that signed the OPEC+ agreement held two videoconferences. Another one was held by the energy ministers of the G20 group. Two phone calls...

Real oil is more diverse than exchange oil
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Real oil is more diverse than exchange oil

After the 6th of March, 2020, when the ministers of countries participating in the OPEC + agreement were unable to agree on the continuation of the deal, thousands of comments burst out on this subject. But surprisingly, several factors have not been taken into account in the numerous analyzing attempts. When considering the situation on...

The importance of oil for the economy and financial market
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The importance of oil for the economy and financial market

The interrupted OPEC+ deal and the rapid decline in world demand due to Covid-19 have sparked some real excitement in the world oil market, as new negotiations between the ministers of oil-producing countries have started. The excitement is such that there seems to be no room left in everyone’s attention to recall what really is...