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I think Turkey will stop buying Russian oil altogether.
#Turkey #Russia #Oil

Well done, you finally did something decisive without waiting for the United States. They will definitely join the sanctions against Russian oil exports, I'm sure—whether it's in September, October, or November, it doesn't matter, but they will join.
#USA #Russia #European Union #Oil

I’m not a Trump buff. But to ignore what Trump actually does—like when he drove oil prices down, and now they’ve been driven up again by an Iranian move—would be foolish. It won’t last long. Prices will fall sooner or later—most likely in early July, though we can’t give exact forecasts; it might be next week, or even this week. Once the confrontation starts to cool, Urals crude will drop below $60.
#Oil #Economy

I think oil will just fluctuate in the near future within the range of around 75–85 dollars per barrel.
#Oil #Economy

Will Iran block the Strait of Hormuz? My prediction is no. My prediction is no. Why? Because then they would also lose Khark Island, the oil terminal, the refineries, and essentially their entire oil industry.
#Iran #Oil

I don't believe this will cause any long-term or persistently high change in oil prices — they’ll spike for a while and then start to dip again. Due to the ongoing war between Israel and Iran, oil prices have temporarily risen and will drop again later.
#Oil #Economy #Iran #Israel

If there is a strike on the oil and gas sector, then according to my estimates, the increase in hydrocarbon prices — for example, oil — will be around 17–22 percent. A strike by Israel on Iran’s oil and gas infrastructure.
#Oil #Economy #Iran #Israel

As for the oil price, since there is no scenario of blocking the Strait of Hormuz, I think the price isn’t under much threat — it will be a bit nervous, but then it will settle down.
#Oil #Economy

This will have quite a few different consequences, and one of them we are seeing now in the rise of oil prices. But this is a hysterical market reaction — I don't think it will last long. I believe oil will go down fairly quickly. Due to Israel’s strike on Iran, oil prices have risen, but they will go down soon.
#Oil #Economy

Literally yesterday, the issue of capping the price of Russian oil was being discussed, lowering the cap from 60 to 45... The G7 meeting is supposed to start on Sunday or Monday, where they were expected to agree on this new price cap of 45 dollars, and then the European Union was supposed to support it by the end of June. But today, the oil price has already gone up — it's already 75 dollars per barrel, instead of 60-something — and now, it seems to me, they won’t dare to lower it to 45.
#Oil #Economy of Russia #Economy #Russia

This is simply a reason for the bulls to push prices up. They managed to do that. This is a temporary phenomenon. I, of course, expect a response from Iran — Shahed drones will fly, they already seem to be flying, missiles will be launched from Iran toward Israel, but I do not expect any catastrophes with oil exports from the Persian Gulf. Therefore, for 2-3 days everything will fluctuate at high levels, and then from Monday everything will drop unless there is some kind of nuclear escalation. Oil prices, which surged due to Israel’s strike on Iran, will start to decline from Monday.
#Oil #Economy #Iran #Israel

In my article in The Insider, I write about these "sanctions from hell" proposed by Lindsey Graham — some kind of secondary sanctions against importers of Russian oil, 500% tariffs. None of that will happen. It's a PR phantom. It's impossible. Secondary sanctions against buyers of Russian oil are not feasible, because nearly 80% of Russian oil is purchased by just two countries — India and China — the largest trading partners of the United States.
#USA #Russia #Economy #Economy of Russia #Oil

The oil price cap should have been revised a long time ago. Sixty is already a completely outdated figure for the current market. It should have been lowered. But imagining that the G20 will now come together and decide to lower it from 60 to 45 — that’s unrealistic. There are already too many disagreements, too many conflicts, so it’s no longer possible to make it happen. Referring to the oil price cap for Russia.
#Oil #Economy #Russia #Economy of Russia #G20

Over the next year, we can forget about prices of \$70 for Russian export oil — that would mean Brent at \$80. That’s definitely not something we’re facing for now.
#Oil #Economy #Russia #Economy of Russia

I believe there are no fundamental reasons for the oil price to sharply drop again or, conversely, to stabilize. It seems to me that this price level is quite acceptable for American producers.
#Oil #Economy

In the long term, oil will, of course, decline. That’s an obvious trend. No more $100 per barrel, unless there are major wars, but even then it would be short-lived. We will no longer see oil steadily returning to $100 per barrel.
#Oil #Economy

Oil has dropped. And it most likely won’t go back up.
#Oil #Economy #Russia #Economy of Russia

Gas and oil are likely to be not very expensive in the near future.
#Oil #Gas #Economy

Given that OPEC+ isn’t planning to cut production — in fact, they’re planning to increase it — the pressure is downward. I don’t think it will bounce back to the level it was at under the Trump presidency, no. In response to the question: "I understand that it’s impossible to predict oil prices, but still — what trend would you point to right now?"
#Oil #Economy

Oil has been falling since January 2025... I don’t think it will continue to decline significantly.
#Oil #Economy

Eventually, by the end of the year—or maybe even earlier, in the fall—these countries will make a final decision (I'm already quite sure of it): let’s stop limiting production altogether. Each country will produce as much oil as it wants, as much as it can. About OPEC
#Oil #Economy

Eventually, by the end of the year—or maybe even earlier, in the fall—these countries will make a final decision (I'm already quite sure of it): let’s stop limiting production altogether. Each country will produce as much oil as it wants, as much as it can.
#Oil #Economy

Colleagues from the UAE asked what the average oil price would be this year. I boldly replied that it would be 68 dollars per barrel of Brent.
#Oil #Economy

Canada's primary export to the U.S. is oil. The U.S. operates oil refineries that process this oil to produce gasoline for the domestic market. A tariff on Canadian oil would immediately impact gasoline prices within the U.S. Gasoline prices in the U.S. will rise if tariffs on Canadian oil are imposed.
#USA #Canada #Oil #Economy

Were you planning a summer trip to Anapa? And already considering canceling it? Cancel the cancellation! By summer, all of Anapa's beaches will be completely cleaned of oil residue. Enormous resources are being directed towards the cleanup. Thousands of volunteers—and some non-volunteers—are working. All the sand will be sifted. The cleanup will be personally overseen by the Minister of Natural Resources, Kozlov. All this so that millions of families with children can enjoy their summer vacation in Anapa!
#Russia #Oil

The Americans can easily control this process of price decline. Yes, prices will decline. I am absolutely confident that oil prices will move downward.
#Oil #Economy of Russia #Economy #Russia

No, they won’t close it… There is the concept of freedom of navigation. What could happen are sanctions against these tankers. Response to the question: "Will the sea be closed for Russian tankers?" (speaking about the Baltic Sea)
#Russia #Oil #Economy of Russia #Economy

I speculate on what the next move by the United States might be: closing the Danish Straits, through which about 30-40% of Russia's oil and gas exports pass.
#USA #Denmark #Russia #Oil #Economy

The war in the Middle East is expected to start, roughly speaking, immediately after Trump’s inauguration—that is, late January or early February. After that, oil prices will rise, and life in Russia will improve. If a war in the Middle East begins after Trump’s inauguration, oil prices will increase.
#Oil #Russia #Middle East

The price of oil will not rise. It will most likely decrease due to the obvious oversupply. This is because OPEC countries are eager to increase production and move beyond output quotas. If Trump has any influence here, it’s indirect.
#Oil #Economy

Trump’s rise to power, in particular, means that energy prices will fall because Trump promises to increase production.
#Oil #Trump #USA #Economy

Their production cost is around $38. Anything below $38 and above $5 allows Saudi Arabia to earn well. A figure like $36-35 could be reached. If such a price is established, I think the Russian Federation could last a maximum of 3-4 months. Russia will face serious economic problems if the price of oil falls below $38.
#Oil #Russia #Economy of Russia #Economy

As a result, we will, of course, see a much lower oil price. Under Trump, following Saudi Arabia's joining of the Abraham Accords.
#Oil #Economy #Trump

It seems to me that Trump will start by crashing oil prices, working to bring them down in order to take away Putin's main advantage—money.
#Trump #Oil #Economy #Russia #USA

Trump intends to lower global oil prices... I am convinced that prices will go down.
#Trump #Oil #Economy

Trump will work on lowering the price of oil, and he has the mechanisms to do it. I think the price of oil will definitely drop below 60 dollars—he’ll keep it somewhere around 60 to 50.
#Trump #Oil #USA #Economy

Trump Receives Congratulations... Good Morning, New World... Oil Heading to $50 by May.
#Trump #Oil #USA

The leverage in this war is in the hands of the President of the United States. If it’s Donald Trump, then oil prices will almost certainly drop significantly—one could even say they will collapse.
#Trump #Oil #USA

To talk about oil prices sustainably dropping below $40 per barrel, not just for a month but long-term over 2-3 years, is simply impossible. This scenario could only be imagined in the case of a major technological breakthrough in the United States, or a global cartel war, the collapse of OPEC, and a price war among OPEC members.
#Oil

$145 billion is Russia's offensive budget for next year. It’s an absolute record in the entire history of Russia. Oil at $40 undermines that figure. In that case, everything follows a completely different scenario, and then everything we’ve discussed becomes probable. But will America want to do that? Probably not. Because they produce a lot, and they have a vast amount of oil that is extracted at a higher cost.
#USA #Oil #Russia

Right now, I would bet that the strike on Feodosia is just a warm-up, a training exercise, and that the main blow will target the oil terminals in Novorossiysk and Ust-Luga. Most likely, this strike will happen after the U.S. presidential elections, at the beginning of November, exactly one month from now.
#War in Ukraine #Ukraine #Russia #Oil

We need to monitor the reactions of Iraq, Kazakhstan, and Russia. These are three countries that are violators of the OPEC+ agreement. If they do not take any swift actions to reduce oil production and supply to the global market, I believe there is a high probability that the Saudi authorities will eventually turn the tap on and Saudi oil will flood the global market. It seems to me that this scenario is much more likely because, ultimately, all agreements within OPEC end up being violated. After that, the agreement collapses, and there is some stress in the market, prices drop quickly, after which they regroup and prices stabilize and start to rise.
#Oil #Saudi Arabia #Russia #Kazakhstan #Iraq #Economy

This morning Brent was at 74... If the price keeps dropping, and the overall trend for the year, I think, is downward. It’s hard to predict, but for now, I don’t see any reason for a significant price increase. Talking about oil prices.
#Oil #Economy of Russia #Russia #Economy

I believe that a period of about 7-9 years is a very realistic timeframe in which Russia will lose the ability to be an oil exporter altogether. That is, oil will remain for the domestic market... but the revenue from exports will cease.
#Russia #Oil

Events in the Middle East can certainly impact the market, and in the short term, they will likely have an effect, but probably not for very long and not in a very severe way. Israel's war against Hamas may affect oil prices, but only for a short period and not significantly.
#Oil #Economy #Israel-Hamas war

Already now, at the beginning of the year, oil is below $50. And it is unlikely to become more expensive.
#Oil #Economy #Economy of Russia #Russia

They will trade and sell for 60 and for 30... everyone who buys. Russia will still sell oil, despite the price cap that has been introduced.
#Russia #Oil #Economy #Economy of Russia

They will accept it anyway. Price cap on Russian oil.
#Russia #Oil #Economy

Having learned to live without Russian hydrocarbons, Europe is unlikely to return to them
#Russia #Europe #Gas #Oil #Economy

Yes, there is Latvia's position that it wants to propose to the European Union to set the price cap at 30. Well, they won't set it. Price cap on Russian oil at 30.
#Economy #Russia #European Union #Oil

As for oil, I still think they will implement it. Price cap on oil for Russia.
#Oil #Russia #Economy

The northern branch is still operating, through Belarus, Poland, and Germany... it will eventually die out sooner or later by the end of the year. About the northern branch of the Druzhba oil pipeline.
#Russia #Belarus #Germany #Poland #Oil #Economy

I am just sure that we will see completely different prices — oil at $200, and gas at $4,000-5,000 per thousand cubic meters, and so on. The decisions being made are still leading to an escalation of the situation.
#Economy #Gas #Oil #Russia

There will be significantly less oil on the market, and its price will be much higher. Moreover, it will exceed the projected astronomical price of $300–400. Compare this with the dynamics of gas prices.
#Oil #Economy #Economy of Russia #Russia #Words of politicians and officials