FT: World oil prices will soon start breaking all possible records

9

The main players in the global oil and petroleum products market predict that the price of "black gold" may soon become prohibitive, or rather "shock". It was with this definition of the near future that the well-known publication The Financial Times came forward. According to the experts involved by the editors, the price of oil may soon reach $250 per barrel, that is, it will double compared to the current price.

The world has no more than a month to put everything in order. But this will not happen, because it seems that we are losing oil supplies from Russia to Europe forever

says French businessman Pierre Andouran.



This view is shared by many experts who also believe that oil prices could reach at least $200-$250 per barrel. In turn, Alok Singh, an employee of the financial corporation Standard Chartered, is confident that changes in the oil trade will be long-term. Therefore, there is no need to talk about an early stabilization or finding a way out of the current situation.

In Europe, an internal break is now taking place, in fact, a new formation of the Old World as a civilization and economic and cultural center, a point of focus for views from all over the world. If Brussels follows the American proposals, then all innovations will completely destroy the old fundamental foundations of the European energy market. On the contrary, new conditions dictated by the desire to preserve the economycould have saved the day.

The point is not at all in choosing the "position of Russia" or supporting it, but in a pragmatic approach to mutually beneficial cooperation without regard to external forces. Too much is at stake: the rejection of oil and gas from Russia will bring an imbalance not to the regional market, but to the global one. Distortions in the stocks of strategic raw materials, the spread of prices on the commodity exchanges of the east and west, shortages and “shock” growth in prices are just a small part of what awaits the world after the introduction by Europe of an energy embargo on oil from Russia as ordered by the United States.

Brussels has almost no time left for self-determination. Experts give no more than a month, a maximum of two. The point of no return will then be passed, after which the global market and capital will begin their own "movement" towards stabilization with massive changes in the supply chain. And it is not a fact that automatically found exit points from the impasse will be beneficial for the world economy. Washington will not be able to “throw” millions of barrels of oil from the reserve indefinitely, and China will not be able to store its oil in tankers off the coast of Iran under sanctions. The situation should receive a clear solution, and not politicalbut purely economic.

These are the consequences that the FT has in mind when predicting high price shock therapy against the backdrop of a struggle within Europe between its “new” and “old” formations regarding the impact on Russia.
  • pixabay.com
Our news channels

Subscribe and stay up to date with the latest news and the most important events of the day.

9 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. +3
    25 March 2022 09: 22
    So this is good. For suppliers. So the Arabs, Norwegians, Canadians, speculators and other oligarchs are rubbing their hands pretty, I suppose ....

    And then Opec will give the green light to lower prices ....
    1. +1
      25 March 2022 11: 23
      Or will not)
      1. 0
        25 March 2022 12: 17
        Give, give. They always gave.

        Otherwise, the rest of the players, happily rubbing their hands, will begin to increase production, reopen unprofitable deposits, shale.

        That is, grow into competitors.
        1. 123
          0
          26 March 2022 19: 52
          Otherwise, the rest of the players, happily rubbing their hands, will begin to increase production, reopen unprofitable deposits, shale.
          That is, grow into competitors.

          That's when they invest money, they collect debts for it, and here they will "give" and "joyfully rubbing their hands." And everything will be repeated from the beginning. Bankruptcies of shale oil companies, conservation of unprofitable deposits, ruin of other players who have not grown up to competitors.
          This is the cyclical Yes
          1. -1
            26 March 2022 22: 45
            Exactly. Arabs are not fools, they will give when necessary.
            In 14, this was exactly how the oil shale traders were strangled, at first slowly, without reducing prices too much.

            And the sollantseviks are not on their own, everything is under the roof of ordinary oil and gas workers, such as Gazprom, everything is more tangled here.
            1. 123
              0
              27 March 2022 00: 02
              Exactly. Arabs are not fools, they will give when necessary.
              In 14, this was exactly how the oil shale traders were strangled, at first slowly, without reducing prices too much.

              The main thing to clarify who needs All sorts of walkers like Boriska returned with nothing, they did not agree. In addition, the Yemeni partisans became more active just in time. Pictured is an oil refinery in Jeddah, Saudi Arabia. Several targets were attacked yesterday.


              And this is a week ago only in Jizan



              https://www.france24.com/en/middle-east/20220321-yemen-s-houthi-rebels-strike-saudi-energy-facilities-slowing-output-at-refinery

              And the sollantseviks are not on their own, everything is under the roof of ordinary oil and gas workers, such as Gazprom, everything is more tangled here.

              First, not all. Second, what's the difference? The result will be the same. Only now it's even worse. After all, everyone strives to become green elves, it is not fashionable to support oilmen.
              1. -1
                27 March 2022 00: 13
                walkers "like Boriska" - who is it. Do not know. shot?
                And about the strangulation of slates, Goblin told quite well, for a long time, a specialist from Lukoil.
                at the same time explaining what "we will take our own in the domestic market"

                the rest - the Saudis now have an iron excuse to do whatever they want with prices.

                And at such prices, and the energy crisis, the Arabs don't care about the green elves.
                Yes, and before, green and greenpeace - when against us - agents of the State Department, a pipe on their head., When for us - brave fellows. can't get the pipe.
  2. +1
    25 March 2022 13: 08
    Well, I have an idea that we will use the storm that took place in Novorossiysk to the fullest, because it can take a very long time to repair these breakdowns in the pumping sector in Novorossiysk, but basically this oil went to the states from here, so we will repair and wait ... One thing is embarrassing that oil is not in the hands of the State, but in the hands of those. who line their pockets, otherwise it would be possible to help the elderly with pensions and lower the retirement age and generally live like in the Emirates ... I would very much like to hope that all this mess in hohland will contribute to this and not only will happen redistribution of the world and the world economy, but. what is more important for me is that these processes will directly affect Russia, and, moreover, with its most positive consequences, in the form of the nationalization of natural resources .... Well, all those who are dissatisfied, let them turn to Chubais, since he has escaped now ... he also helped lay a paw on the bowels of certain individuals ....
    1. 123
      +2
      26 March 2022 20: 06
      and generally live like in the Emirates

      You yourself will not like to live in the emirates. There is 4,5 times more oil produced per capita. Accordingly, some who will live as a sheikh, and the rest ...
      Something like this hi