Friday, June 29, 2018

Oil lost Monday morning another

Oil lost Monday morning another $ 2

By 8.42 MSK price
"Black gold", which has been steadily
declined from Friday, continued on down: Brent traded at
the level of 68.42 dollars per barrel, WTI
It costs $ 64.58. experts
It predicts that this decline will continue
some more days. stabilization will
after reaching the bottom, but to what
This depth may reach the bottom - clear
still.


Let me remind you, the collapse
Oil prices, which entailed and
a significant drop in commodity currencies
(And the ruble as well), began after
OPEC announced the decision Thursday
not reduce the volume pereizbytochny
oil. In fact, the organization is actually
He refused to artificially adjust
the price of "black gold", providing
make it to market mechanisms.


from the current
situation suffered by many small
Exporting countries in the cartel -
such as, e.g., Venezuela or
Nigeria (which has already occurred
monstrous devaluation
currency). Countries that are not part of
cartel, but the oil-producing, with the fall
Oil lost a fraction of the cost
national currencies. dipped sharply
Russian ruble: Russian budget by 50%
formed oil revenues, and the budget
the following year, for example, been drawn up
based on oil prices at around $ 91.
Care of "black gold" below the level of
$ 69 automatically when the ruble collapsed.
EUR / RUB is now trading at
at 61,750, USD / RUB - on
50.693.



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