In Ukraine, they sadly admitted that the low price of oil is not terrible for Russia

With undisguised disappointment and sorrow in Ukraine, they recognized that Russia over the past twenty years has done a tremendous systemic work to modernize and strengthen economics. This provided a certain margin of safety, which is why a collapse in the cost of oil, sometimes reaching negative values ​​for futures, is not terrible for Moscow. About this writes the economist, investment banker Sergei Fursa, in the material for the publication Glavred (Ukraine).

"Russia will survive"

According to a specialist in the stock market, the Kremlin is much worse off the feuds within the country that will arise when the time comes to reduce the extraction of raw materials, because the “bosses” of the Russian oil companies really do not want to lose foreign customers. And the decline in the cost of a barrel of Russian oil, although it causes a significant image and financial blow to the budget, will still not be able to “finish off” the country.

You will not be paid extra for refueling a car, although they are already paying extra for the sale of oil. Is the market situation difficult? Still would. But, alas, this will not destroy Russia, unfortunately

- not shy of expressions, says Mr. Fursa.

The result of the most difficult situation on the oil market is tough and sometimes unfriendly actions on the part of the main players in the mining business in relation to each other. For example, even after the conclusion of the OPEC + deal, Saudi Arabia continues to dump prices, creating unprecedented preferential benefits for customers, especially those that were previously customers of Russian companies.

As a result, Russia will not only be forced to reduce production pursuant to the agreement with the Cartel, but also fight with Riyadh for a place in the EU’s traditional markets. And it will be incredibly difficult to do this, Fursov emphasizes.

"It is a pity that the West helped Russia"

The Ukrainian expert is confident in a quick way out of the crisis. As soon as the tension and incidence of coronavirus around the world subside, “planes will fly and cars will go”. According to Fursa's forecast, demand for raw materials will begin to grow, and China, which is recovering after the epidemic, will consume especially much. Therefore, Moscow's problems are serious, but temporary.

The situation is radically different than in the 80s, before the collapse of the Union. Therefore, now it is impossible to rejoice that Russia has come to an end. This pleasant thought should be left unfortunately

- says the Ukrainian expert.

The thing is that under the guidance of the IMF “hated by Russians” and the pressure of the “collective West”, Russia managed to carry out some economic reforms that clearly give a guarantee that the country will survive the global crisis. Exactly such transformations, dictated from the outside, allow Moscow to “puff out its cheeks and threaten the West,” Fursa summed up.
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  1. antibi0tikk Offline antibi0tikk
    antibi0tikk (Sergei) April 23 2020 10: 16
    This trick would make one more conclusion for itself: for the development of YOUR country it is necessary to stop cooperation with the IMF. And he worries about Russia ..... They made a circus from the country, and this is another clown.
  2. Dzafdet Offline Dzafdet
    Dzafdet (Sergei) April 23 2020 16: 06
    Crude oil sales should be banned altogether. Only processed products. And all the problems will disappear right away. And it is high time to revive mechanical engineering and agriculture.
  3. King3214 Offline King3214
    King3214 (Sergius) April 23 2020 21: 01
    Really? In Ukraine, we have been told for 20 years that in Russia there is nothing but oil. What a nuisance!
    This is a fiasco, non-bros, this is a fiasco!
  4. steelmaker Offline steelmaker
    steelmaker April 23 2020 21: 41
    In short, what kind of oil? Today, the men and I decided to purchase a moonshine still. A liter of moonshine will cost 30-32 rubles. And this is a minimum of 40 degrees. Even cheaper than Kazakhstan vodka! If Putin were friends with his head, he would never give vodka to private hands.
    1. Glory of Paramonov (Glory to Paramonov) April 24 2020 01: 18
      What are you doing? Has the oak collapsed?
    2. sgrabik Offline sgrabik
      sgrabik (Sergei) April 24 2020 09: 59
      First you better make friends with your own head, and only then will you give advice !!!
  5. Glory of Paramonov (Glory to Paramonov) April 24 2020 01: 22
    Is he raising his spirits ?!
  6. The comment was deleted.
  7. Anchonsha Offline Anchonsha
    Anchonsha (Anchonsha) April 24 2020 10: 30
    You do not even need to pay attention to these listings. But how to emerge from this crisis with the least losses, we need to think. Oil needs to be refined for new products to the Russian market, and solid investments are needed for this.
  8. Yuri Mikhailovsky (Yuri Mikhailovsky) April 24 2020 20: 06
    And how I wanted to fly and rob ...
  9. Ildar Khusnutdinov_2 (Ildar Khusnutdinov) April 24 2020 21: 18
    Here they write that it is necessary to process oil! So five oil refineries are already being built, just no one shouts about it loudly. Silently build factories, ships and so on.