Архив за 17 июня, 2024

Energy market:

We lived somehow before: shells, beads, stones, teeth of rare animals, tusks of elephants, skulls of famous people. In the historical perspective, most of the time mankind did without the dollar. And there was no Moscow Exchange. Let’s not be sad. Let’s hope for a narrow spread of banks on currency for those who need it. And those who don’t need it, let’s just hope for the best.

I don’t even want to buy yuan anymore. Hello!

This issue was prepared with the direct participation of analysts of trading platforms eOil.ru and IDK.ru. It provides an assessment of the situation on the global and Russian market.

Brent rose above 80.00. On one side of the scale we have the probability of OPEC’s supply growth in the fall, on the other side the demand growth up to 1 million barrels by the end of the year. Probably, the cartel will try to close this growing demand. If it does everything carefully, we will stay around 80.0, if there will be sharp steps, dancing with sabers, frontal attacks on camels, then 50.00 may be waiting for us. Much will also depend on the GDP figures of the leading countries of the world. If there will be hints of life, i.e. growth, then we will have to wander around 80.00 for more than one month. Even on holidays we will go up to 90.00.

The West continues to be in a furious state. But it cannot do too much. One topic is making it harder to trade oil by sea. If, for example, our millet or barley can be discarded, oil is not so easy. There will be a buyer. It’s a question of price. Now the great Gabon earns money on its flag, under which about a hundred of our ships sail around the world. If Gabon doesn’t exist, someone else will.

The departure of Western oilfield service companies has already given an impetus to import substitution. It does not matter if at first the samples are not too efficient, the main thing is its own design thought, which is capable of making revolutionary leaps. Again, Russian heads will think for rubles, not for dollars.

На неделе до 14 июня число активных нефтяных буровых в США снизилось на четыре штуки (как и неделей ранее) до 488 штук.

За счет диапазона рынок избавился от перекупленности и способен расти дальше.