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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

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

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