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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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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