And what factor could push the price of oil into the $20-$15-a-barrel range? - page 4

 
Roman:

The question is, will it escape? That's what idiots are about, believing promises.

No one believes US promises, Rosneft is not doing all this at their request, why such strange thoughts?

And yes, sanctions cannot be avoided completely, from time to time Rosneft subsidiaries (and there are many in Europe) get hit by sanctions. But running around the field under US bombs has to be done. There are few countries like Russia that know how to not only survive in such a toxic environment, but also how to subtly play and push their interests through. And you say idiots. They stayed in the 90s. Those aging idiots still run many businesses, including big ones. The main thing is that they are gradually being squeezed out of politics. They have already made a mess of things in 1917, 1934 and 1992. We are tired already.

 
Edgar Akhmadeev:

No one believes the US promises, Rosneft is not doing all this at their request, why such strange thoughts?

And yes, sanctions cannot be avoided completely, from time to time Rosneft subsidiaries (and there are many in Europe) get sanctioned. But running around the field under US bombs has to be done. There are few countries like Russia that can not only survive in such a toxic environment, but also subtly play and push their interests through. And you say idiots. They stayed in the 90s. Those aging idiots still run many businesses, including big ones. The main thing is that they are gradually being squeezed out of politics. They have already made a mess of things in 1917, 1934 and 1992. We are tired already.

I agree.

 

A new oil company has been launched.https://www.rbc.ru/business/31/03/2020/5e8257ea9a7947f2bf297fa2?utm_source=yxnews&utm_medium=desktop

They want to get Rosneft out of the sanctions and check how the Americans keep their promises. Rosneft's Venezuelan assets have simply been taken over by another company fully controlled by Rosimushchestvo.

Россия в день ухода «Роснефти» из Венесуэлы учредила новую нефтекомпанию
Россия в день ухода «Роснефти» из Венесуэлы учредила новую нефтекомпанию
  • РБК
  • www.rbc.ru
В «Роснефти» говорили, что ее активы в Венесуэле будут проданы компании, на 100% принадлежащей государству. В день, когда было сделано это объявление, была учреждена «Росзарубежнефть» Росимущество учредило новую компанию «Росзарубежнефть», которая будет, в частности, заниматься добычей и транспортировкой нефти и нефтяного (попутного) газа...
 
Vitalii Ananev:

A new oil company has been launched.https://www.rbc.ru/business/31/03/2020/5e8257ea9a7947f2bf297fa2?utm_source=yxnews&utm_medium=desktop

They want to get Rosneft out of the sanctions and check how the Americans keep their promises. Rosneft's Venezuelan assets have simply been taken over by another company fully controlled by Rosimushchestvo.

That Rosimushchestvo has gone under Rosimushchestvo is no doubt a good thing.
But in fact everything remains under the control of the state, or the same structures.
Where is the guarantee that this company will not also be sanctioned?
And they want to check how americans keep their promises, or no one knows how.
Tomorrow they will change their minds and cancel their promises. And they will impose new sanctions on the new company.
That's why I wrote that it all sounds like idiocy.
The sum doesn't change the order of the parts.
The only undeniable gain is that it is now under the wing of the Federal Property Management Agency.

But they refused to give up Venezuela's development.
Who knows, perhaps it was not very profitable there so they took this decision.

By the way, Rosneft's share price did not react to publication of the news.
Perhaps, this news has been played back by the insider, and the previous decline.
Or the investor was smarter ;))) while they mull over the information, but there is no panic.

Now we need to pony up for Roszarubezhneft, when the public IPO, etc.
It will be possible to consider pre-IPO deals and get involved.
 
https://yandex.ru/efir?stream_id=45ae57a805733051b86480136b7634f9&from_block=partner_context_menu&t=4
Россия учредила компанию «Росзарубежнефть» — Смотреть в Эфире
Россия учредила компанию «Росзарубежнефть» — Смотреть в Эфире
  • yandex.ru
Россия учредила новую компанию *Росзарубежнефть*, которая будет заниматься в том числе добычей и транспортировкой нефти и попутного газа. Ее уставной…
 
expect an oil price above ***
 
The couch zombie experts are warming up... watching the continuation with popcorn.
 
Ramiz Mavludov:
The sofa experts of the zombie TV are warming up.... Watching the continuation with the popcorn.

Of course, you have a direct line to Sechenim, he probably leaks you the forex grails )))
And sofa experts just make money on such moments, while losers keep chewing popcorn.

 
Roman:

The fact that Rosimushchestvo was taken over is no doubt a good thing.
But in fact everything remains under the control of the state, or the same structures.
Where is the guarantee that this company will not be sanctioned?)
And they want to check how americans keep their promises, or no one knows how.
Tomorrow they will change their minds and cancel their promises. And they will impose new sanctions on the new company.
That's why I wrote that it all sounds like idiocy.
The sum doesn't change the order of the parts.
The only undeniable gain is that it is now under the wing of the Federal Property Management Agency.

But they refused to give up Venezuela's development.
Who knows, perhaps it was not very profitable there so they took this decision.

By the way, Rosneft's share price did not react to publication of the news.
Perhaps, this news has been played back by the insider, and the previous decline.
Or the investor was smarter ;))) while they mull over the information, but there is no panic.

Now we need to monitor Roszarubezhneft, when there is a public IPO, etc.
It will be possible to consider pre-IPO deals and get involved.

It could be as simple as not sanctioning Rosneft, calling the deal a sham. And impose additional sanctions. On someone or something)).

 
Vitalii Ananev:
They will come up with some super cheap alternative energy sources. For example long-life, small-sized, high-capacity electric batteries. :)

At this price of oil, the consumer will reconsider their profits compared to the past period, and perhaps partly switch from oil to another source, realising that it can rise in price again.

Such cataclysms are precisely what lead to new ideas and advances. This is the 21st century and technology from 100 years ago is being used.

For me, oil consumption and refining should be reduced by ~30% with a gradual reduction. The price should also be in the range of ~$15

Reason: