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Home Tags The Consequences of the collapse of oil prices: the situation in the markets

Tag: the Consequences of the collapse of oil prices: the situation in the markets

According to the expert "RG", yet reasons for optimism that economic activity in the world will recover quickly. April will be the worst month for the ruble. But everything can change at the end of the second quarter
The ruble exchange rate from 6 to 10 April showed a record for the last two years strengthening. This became possible due to rising oil prices. Expert "RG" explained how developments in the foreign exchange market will develop further
OPEC members+ have agreed on a deal to reduce oil production. Its volume will be 10 million barrels per day. Another 5 million barrels per day promise to reduce the production of countries not participating in the agreement
The Bank of Russia lowered the official rate of the dollar and the Euro on Wednesday. The Russian currency strengthened by "American" to 75.45 ruble to the "European" Euro to ruble 82,01. this is happening against the background of rising oil prices
Russia will participate in the meeting of the enlarged OPEC+, which is scheduled for April 9. This was reported in the Ministry of energy. It is expected that the negotiations will take part the US, UK, Canada, Norway and Brazil
The call on OPEC+ postponed to April 9 due to technical reasons, said the press Secretary of the President Dmitry Peskov. "Training is conducted", - said the representative of the Kremlin
The discussion deals with the OPEC+ will become one of the Central themes of all news agencies. Expert "RG" does not exclude that the ruble may start a new attempt to adjust to the protracted wave attenuation
Russia is ready to join efforts with other countries to cut oil production about 10 million barrels a day, said Vladimir Putin. "Of course, all of this should occur in a partner," the President added
A combination of "quarantine shock" and falling oil revenues could become a serious test for the economy, analysts says. However, if the government, with the participation of the Central Bank will carry out the planned programme of business support, the magnitude of the crisis can be significantly less
Vladimir Putin is set to constructive negotiations on oil. This was stated press Secretary of the President Dmitry Peskov, adding that there is no other alternative to stabilize the international energy market
The dollar for the first time in two weeks in the early hours of the month fell below 77 rubles, and euros - less than 83. In April the foreign exchange market will depend on the negotiations on the reduction of oil production and the rate decision of the Central Bank
The situation in the oil market can be associated with attempts of Saudi Arabia "to get rid of competitors that produce "shale oil". But such goals never set, said President Vladimir Putin. In his opinion, all parties are interested in joint concerted action
To restore stability in the industry need to make a decision on coordinated action to reduce oil production. This was stated by Minister of energy Alexander Novak, noting that April 6 will be held online-meeting OPEC Ministers+
The ruble in early trading was strengthened, from the data of the Moscow exchange. The dollar at the low fell to 76,97 of the ruble, the Euro became cheaper to 83.24 ruble. Indexes of RTS and Mosberg rooted within 1 percent
Volumes of export of Russian oil is not threatened, this is confirmed by statistical data, said the head of the national energy security Fund Konstantin Simonov. However, he noted that setting such low prices for a long period would be extremely undesirable for Russia
In April, economic activity will fall by 20%, but at year-end will not have the deep failure of the economy or a surge in unemployment and inflation, no significant reduction of salaries, according to the Center for macroeconomic analysis of Alfa-Bank
Until the end of the first decade of April it is likely to slow the weakening of the ruble. However, in the "oil" of the currency is now better not to invest, he said. Preference should be given to investing in gold
The Bank of Russia announced the start of weekly press conferences in an online format on the situation in the financial market. The first conference will be held April 3. Nabiullina will speak about the implementation of the adopted and planned measures
The ruble was down at the opening of trading, from the data of the Moscow exchange. Dollar exchange rate at the maximum reached 79.2 per ruble, the Euro rose in price to ruble 87,04. The price of a barrel of Brent crude oil reduced by about 3 percent
In the short term, you will see the growth of the ruble, says expert "RG". He calculated what it would be like now without the support of the Bank of Russia. And called the conditions of recovery of the financial markets
The package of measures passed by the U.S. Congress to support the American economy, can have a positive impact on the Russian economy. According to experts, the impact will be indirect but can restore oil prices to $ 35 per barrel
Russia for a week went to the actual quarantine, however, trading on exchanges will be held. Expert "RG" gave a forecast that expects the ruble after hours next week and also when to wait for significant improvements in the economy
World government poured into the markets huge amounts of money and provide liquidity to the real sector of the unprecedented aid packages. According to the expert "RG", it soon stabilizes financial markets
Price tags at gas stations for the week from 17 to 23 February has not changed. It is reported by the Federal statistics service. On average in Russia over the last week, 1 liter of gasoline rose 1 cent to 44.94 ruble
The Central Bank lowered the official rate of dollar and Euro on March 26. On Wednesday, the ruble on the stock exchange, but after began to decline in the range of 20-40 cents. Experts note that the dynamics of the Russian currency continue to identify external factors
The collapse of oil prices in world markets and the coronavirus led to a decrease in salaries of employees of oil companies of the United States. So, from April, the rank and file employees will lose about 30 percent of their income, and Executive Director - more than 80 percent
COVID-19 and low oil prices pushed up Euro and the dollar. Expert "RG" proposed several options for how you can increase your savings in this market volatility
Prices for European Brent crude oil was able to secure a two-day growth against the background of the news about the possible creation of an oil Alliance between the United States and Saudi Arabia. The experts doubt that such an Alliance will be able to stabilise prices
The decrease in quotations of the barrel will not stop the growth of shale production in the United States, even when prices fall below $ 30, says Deputy Minister of energy Pavel Sorokin. In his opinion, production will continue, just will slow down its growth rate
The Bank of Russia lowered the official rate of the dollar and the Euro on 25 March. Experts attribute this to slowdown in the growth of new cases of coronavirus in Italy, which could be a script for other European countries
Pharmacy network record sales growth of 50%. Excessive growth in demand, coupled with the weakening of the ruble could lead to higher prices for drugs that are not included in the list of vital and essential. And imported drugs in Russian pharmacies, more than 68%
During the week from 16 to 20 March the average price of wheat in the domestic market grew by 1 thousand rubles per ton. This is a new historical maximum. Now the price of Russian wheat exceeds the price of Russian oil
The ruble exchange rate reduced by the opening of trading on Monday, follows from the data of the Moscow exchange. The dollar maximum was raised to 81,49 of the ruble and the Euro reached the level 87,22 of the ruble. As for the "black gold", a barrel of Brent oil fell almost to $ 20
In the foreign exchange market will be a new factor that will exacerbate the problems of the ruble. To the coronavirus and low oil prices will increase the financial problems of companies. Expert "RG" predicted, when all this happens
The Bank of Russia will support citizens and the economy in terms of the spread of coronavirus and lower oil prices. New measures of the Central Bank aimed at maintaining the ability of the financial sector to provide resources to the economy and at protecting the interests affected by the pandemic citizens
The real consequences of the collapse of the deal, OPEC+ and painful quarantine measures still look for Russia is not as threatening. Our country has two key benefits, said the experts of the Russian Academy of Sciences and gave an economic forecast for 2020
Foreign exchange market became extremely emotional. Therefore, to influence the ruble, the dollar and the Euro can sudden, unpredictable factors. The amplitude of the changes in their rates is quite wide. Expert "RG" called the corridor
The need for direct payments to citizens to stimulate demand is absent, said the head of the CBR Elvira Nabiullina. "We have other measures to support both citizens and consumer activity, and income," she added
The government and the Central Bank are taking vigorous measures to stabilize the ruble, which suffered from the "perfect storm". Periods of volatility happen, but always they have been replaced by stability, recalled Dmitry Peskov
The Russian currency strengthened in early deals on Friday, follows from the data of the Moscow exchange. The dollar at the low fell to 78.1 ruble, the Euro became cheaper to 83,86 of the ruble. The ruble strengthened on positive external background - the growth of the Asian indices, the prices of metals and oil
The ruble after a slight strengthening at the start of trading continued to decline against the dollar and the Euro, follows from the data of the Moscow exchange. The dollar rose to nearly 82 rubles, and the Euro slumped to 90 rubles
The Russian currency continues to decline in evening deals on Wednesday, follows from the data of the Moscow exchange. At the peak of the Euro rose to the level of 88,02 of the ruble, the dollar was close to 81 ruble. These are the minimum levels for the ruble since the beginning of 2016
On Friday, the Central Bank may announce emergency measures to stabilize the foreign exchange market. But, according to the expert "RG", to the return of the ruble to levels of the beginning of 2020, it will not. Also given the forecast for the next month
The Russian currency is losing its position at the opening of trading of the Moscow exchange. Dollar exchange rate at the time was no more than 79.2 ruble, then moved to the mark of 77 rubles. In the stock market, the RTS index has overcome the next psychological barrier of 900 points
The sharp collapse of the ruble and a potential acceleration of inflation may force the Central Bank to begin to raise the key interest rate. This, according to experts, will increase the cost of loans and make more profitable deposits
Most likely, rates on deposits and loans will rise in the next month or two. The best recipe for Bank customers - not to succumb to emotions. If you can do without the loan, it is better not to take, in principle, analysts say
The losses of Russian airlines due to restrictions of air travel due to pandemic coronavirus can be more than 100 billion rubles. The Federal air transport Agency does not exclude even bankruptcies of airlines
The Russian currency strengthened at the start of trading, from the data of the Moscow exchange. The dollar fell to a minimum before and 73.81 ruble, Euro - ruble to 82,36. This is due to a slight increase in oil prices
The decision of the Central Bank's key rate will be associated with the dynamics of the Russian financial market, analysts say. But even if the Bank of Russia will not change the level of the rate of 6% per annum in the next month or two, banks can get slightly better rates on deposits and loans
After the price of Brent crude oil below $ 30 a barrel, many are talking about new record lows in the financial markets. Expert "RG" does not exclude even the recurrence of the recent "black Monday"

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