Word for Russia: US and Saudi Arabia awaiting Moscow's decision on oil

31

The collapse in oil prices and the ensuing losses forced the United States to start negotiations with both Saudi Arabia and Russia, which has a final say.

The fact that the Americans are “ripe” for negotiations is evidenced by the fact that the United States quickly found the lever with which they could manage their own oil producers.



Under United States laws, a country's administration cannot directly affect domestic oil production.

However, this can be done by the Texas Railroad Commission, which approves the work plans of mining companies in the country's most oil-bearing region and, accordingly, can become a regulator of oil production.

And now the Commissioner of this commission, Ryan Sitton, declares that he held talks with Russian Energy Minister Alexander Novak, during which they discussed the reduction of daily oil production by 10 million barrels per day.

I look forward to a conversation with the Saudi prince Abdulaziz bin Salman al-Saud

- he added.

Commenting on Seetton's post, former senior adviser to Saudi Minister of Oil, professor economics King Abdulaziz University and a member of the Supreme Economic Council of the country Mohammed al-Shabban assured that Riyadh is ready to fulfill its obligations.

The ball on the Russian side

- he added, making it clear that the last word on this issue belongs to Russia.

How interesting the proposals of the United States and Saudi Arabia are for Russia will become clear from the results of the OPEC + meeting, which will be held on April 6 via videoconference.
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  1. -1
    April 3 2020 18: 13
    They did the same to America. Ready to cut production.
    1. -2
      April 5 2020 09: 24
      Ready to cut production

      Where does this come from? America has set the SA and the Russian Federation at the table and they must agree, and America immediately warned that neither her nor Canada, the reduction is concerned.
      1. +1
        April 6 2020 05: 25
        Quote: mor7d
        America has set the SA and the Russian Federation at the table and they must agree

        Who should and where does it come from?
    2. -2
      April 5 2020 11: 51
      They did the same to America ..

      - for Ur patriots, an article on the same site -

      Due to the difference in exchange rates for one week in March, the Central Bank lost almost $ 30 billion, that is, 5,1% of its savings.

      Most likely, instead of 6-10 years, it is worth counting on a period of 1-1,5 years, for which there will be enough accumulated reserves. Already, the authorities intend to solve their problems by introducing a tax on interest on bank deposits of Russians. Most likely, in order to fulfill social obligations, the Government will be forced to turn on the printing press. The inevitable result in this case will be inflation.

      So who punished whom?
      Based on the foregoing option two:
      1. Russia punished itself by not agreeing with the Arabs to reduce production.
      2. Russia was punished by the Arabs.
      America is the least affected here, it can afford to mothball wells and buy cheap imported oil.
      1. +1
        April 6 2020 05: 27
        Quote: master3
        Due to the difference in exchange rates for one week in March, the Central Bank lost almost $ 30 billion, that is, 5,1% of its savings.

        What is it like?! Do not repeat other people's nonsense.
  2. +2
    April 3 2020 18: 17
    The hegemon was blown away. But iksperd, widely known in narrow circles, Alexander Semenov (Alexander Semenov) on this occasion has already rang a call.

    However, today Uncle Sam raised the price of oil, not the RF ... so everything goes according to Uncle Sam’s plan. Who needs to move - move, who needs to be pressed .. squeeze. When the negotiations of the OPEC countries begin, they will naturally be foiled, then the threats of amers will follow, and then there will be a brilliant orchestrated victory signing of all countries.

    You can understand it. Everyone earns what he can.
    1. -5
      April 3 2020 19: 23
      Dreaming Well, that’s a good thing ...
    2. -2
      April 5 2020 09: 25
      The hegemon was blown away

      America is not involved in the negotiations, so where and who was "blown away"?
      1. +1
        April 6 2020 05: 30
        Quote: mor7d
        The hegemon was blown away

        America is not involved in the negotiations, so where and who was "blown away"?

        Russia too.
  3. +3
    April 3 2020 18: 18
    President of the United States Donald Trump said he did not discuss possible concessions from the United States in the form of reduced production during negotiations with the leadership of Russia and Saudi Arabia on the theme of world oil prices. On Friday, April 3, according to RIA Novosti.

    “They want to do it (cut production). That would be good for their countries. We did not discuss this (concessions from the United States - ed.)", - Trump said at a press conference, answering the question if he promised any concessions in the form of a reduction in oil production in the United States.

    Negotiations will not lead to anything unless the States join them. Russia will not make concessions. The state of Texas has already stated that it will not solve the problems of the entire US oil industry at the expense of one state. Texas provides only 40% of the US oil production. So we are waiting for the 6th. While positive is not visible. The result should be either ALL reduce production by 20 million barrels (this is the maximum program), or return to the previous OPEC + agreement.
    ----
    So far, I see that the States are active, and the Saudis are surrendering. Russia is silent and not very interested in the negotiations.
    1. -2
      April 5 2020 09: 28
      So far, I see that the States are active, and the Saudis are surrendering. Russia is silent and not very interested in negotiations

      It is reported that the OPEC + meeting can be rescheduled from April 6 to a later date - on April 8 or 9. Apparently, there are serious disagreements and it is approximately clear which. In the Russian Federation, it is hinted that the proposed reduction levels are excessively large, at least for the Russian Federation. The formula is already known - a reduction of at least 10 million barrels per day, a third of the reduction should be in Saudi Arabia, a third in the Russian Federation, a third in the remaining participants. The United States does not intend to participate in the agreement yet - even symbolically.
  4. 0
    April 3 2020 18: 39
    If I were Putin, I would say - if we finish building Nord Stream 2, then we will sit at the negotiating table (I want to emphasize that we will not make concessions, but we will sit at the negotiating table). Then the Americans have an incentive not to interfere with our construction. Or maybe even a little help.
    1. 0
      April 3 2020 19: 08
      I would also say so, but .... I do not believe in the firmness of the Kremlin leaders. Amers have a trump card in the sleeve in the form of comprehensive sanctions. But only in return you can get zero cost of oil and goodbye to the White House. And instead of the Saudi House there will be several small emirates.
      We are waiting ... I can repeat it - until the positive in the negotiations is not visible. An indicator may be the continuation of sanctions against the daughter of Rosneft. Despite the fact that Chevron is quietly trading in Venezuelan oil.
      1. -1
        April 3 2020 19: 25
        Amers have a trump card up their sleeve in the form of comprehensive sanctions

        Sanctions - this is so, here is a trump card is much stronger, which works. Many deputies, officials have a second US citizenship, there are real estate, large accounts in their banks, most of the children live there. Come on, they would just live, enjoy life, and they also pour mud on Russia-mother and all Russians in social services. networks. For such a trump card they will all turn out in front of the Americans and even clean their shoes. So soon it will be so, they will shout, pat their wings (for a look) and again make all the concessions that the Americans will say.
      2. 0
        April 3 2020 20: 36
        ... - while positive in the negotiations is not visible.

        Positive already in this situation, Russia can set conditions. As a possible response to general sanctions, not even zero oil prices, but zero heavy oil supplies to the United States. There is no diesel in the USA - there is no Trump in the White House.
    2. The comment was deleted.
      1. -6
        April 4 2020 08: 55
        Our answer to Chamberlain

        Most likely, the Americans are not going to "destroy Russia", why? They want to reduce the destructive effect of the Russian Federation, to stop the wars unleashed by the Russian Federation.
    3. -2
      April 5 2020 09: 32
      I would be in place of Putin

      Most likely, Americans have leverage that we are not aware of.
  5. +1
    April 3 2020 19: 15
    Wait for an answer, wait for an answer ... smile
  6. 0
    April 3 2020 21: 47
    I think the Hussites know the real price of Saudi oil.
    1. -3
      April 4 2020 08: 51
      I think the Hussites know

      What does this mean?
  7. -1
    April 4 2020 07: 41
    Another urya victory. We, like, bent everyone. And the fact that OPEC and USA and the Russian Federation are always in negotiations, and they are always decreasing, then increasing - this is not necessary for the "terpila" to know.
  8. -4
    April 4 2020 08: 49
    USA and Saudi Arabia pending

    Before the OPEC + meeting, Putin said that he was not against cutting oil production by 10 million barrels per day. But this should be "in partnership" and the base value from which the countdown should take place should be the levels that were in effect during the previous OPEC + agreement. It is clear that Putin is bargaining. In fact, they pressed him into a corner and set a condition. Moreover, the Americans hinted very transparently that the introduction of new sanctions is possible.
    1. -1
      April 5 2020 14: 53
      Your feedback is very important to us.

      (not).
    2. 0
      April 6 2020 05: 36
      Quote: mor7d
      It’s clear that Putin is bargaining. In fact, he was pressed into a corner and set the condition

      What angle and condition?
      1. 0
        April 6 2020 09: 32
        The condition is to reduce production. Angle impose sanctions or duties.
        1. -1
          April 6 2020 13: 42
          Quote: mor7d
          The condition is to reduce production. Angle impose sanctions or duties.

          You are an absolute ignoramus! It was Putin who suggested that everyone reduce oil production, including the United States. We are waiting for the reaction. Some American oil companies have already expressed their willingness to reduce.
          1. -1
            April 7 2020 08: 06
            You are an absolute ignoramus!

            This Putin did not want to reduce oil production and slammed the door to OPEC +. You can’t believe everything that was said on TV, sometimes you have to think for yourself.
            1. +1
              April 7 2020 21: 15
              Quote: mor7d
              sometimes you have to think for yourself.

              Yes, to think for yourself, but not to invent.
              1. -3
                April 8 2020 10: 41
                to think for yourself, but not to invent

                Add - and do not repeat over the TV.
  9. -1
    April 5 2020 09: 18
    So, because of his stupidity, he didn’t understand who was going to confess to whom?
    1. -1
      April 7 2020 08: 10
      I didn’t understand who was going to confess

      Just everything. At first, the Russian Federation refused to reduce production, the prince filled everything with oil so that no one else took Russian oil, well, the Russian oil geniuses rushed back, we are good, we misunderstood us, well, as always, nothing new.