The price for oil of the Russian Federation can fall below $ 50: expert on the consequences of new Trump duties

The economist explained that the fall in Brent oil prices to $ 62, which is observed on the world exchanges, should lead to a fall in the price of oil Urals of the Russian Federation. The price difference between these oil stamps is $ 10-15, so the Urals will cost "below $ 50". Speaking if Trump can "collapse" the rolls of up to $ 40. For barrel, the expert noted that this situation is possible only if the world economic recession (recession - decrease in activity) begins.

"On the growing world economy, the purpose of reducing the price of oil is still unattainable. As we can see, correlation has worked: the threat of recession is a fall in oil prices," the post reads. In addition, the financial analyst has predicted possible OPEC actions (organization of oil exporters). In his opinion, in the conditions of recessions the country will compete not for maintaining a high price, but for potential buyers. "OPEC will now fight for the market share, not for the price.

That is, in the near future OPEC will increase production and this will even push the dynamics of the fall of oil," Alexei Kush wrote. It should be noted that on April 7, Bloomberg reported a rapid fall in fuel prices on world exchanges. According to the agency, Russian oil Urals fell to 52 fate per barrel. Such changes were preceded by the decisions of Saudi Arabia, which reported a decrease in price.

The situation was commented by the head of the Center for Combating Misinformation at NSDC Andriy Kovalenko. The official explained that the cause of the situation is sanctions on the "shadow fleet" of the Russian Federation and secondary sanctions on countries that buy Russian oil. Kovalenko also stressed that the critical (for Russia - focus) is $ 40. per barrel. Recall that on April 3, US President Donald Trump has imposed duties on goods exported from most planet countries.

Among other things, China received duties by 67%, the European Union - by 39%, Ukraine - by 10%. At the same time, Le Monde noted that the Russian Federation has not received an increase in duties, although it retained trade with the United States in the amount of $ 3 billion. On February 4, a meeting of OPEC member states was held to discuss the possibility of changes in oil production.