The back story of what led to oil prices turning negative.
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- Опубликовано: 27 сен 2024
- While oil prices may well have fallen dramatically during the worldwide lock down anyway, they were helped on their downward journey by two stubborn entities. #oil #oilcrash #oilprices #crudeoil
Twitter: @bisboworld
Sources
Time
Russia and Saudi Arabia’s battle royal over oil price; Ian Bremmer; Mar 30, 2020
New York Times
How Aramco’s Huge I.P.O. Fell Short of Saudi Prince’s Wish, Kate Kelly and Stanley Reed, Dec. 6, 2019
How a Saudi-Russian Standoff Sent Oil Markets Into a Frenzy, Stanley Reed, March 9, 2020
OPEC Proposes a Large Cut in Oil Output, Stanley Reed, March 5, 2020
Saudi Arabia’s Crown Prince Had Been Lying Low. That’s Over, David D. Kirkpatrick
March 9, 2020
Behind the Russia-Saudi Breakup, Calculations and Miscalculations, Andrew Higgins and Andrew E. Kramer, March 10, 2020
Oil Nations, Prodded by Trump, Reach Deal to Slash Production, April 14, 2020
Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing, Stanley Reed, April 20, 2020
Reuters
U.S. to become net petroleum exporter in 2020: EIA, Devika Krishna Kumar, December 10, 2019
India may top up strategic tanks with Saudi, UAE oil, Nidhi Verma, March 17, 2020
India plans to fill strategic oil storage by the third week of May, April 14, 2020
Live Mint
Why consumers won’t gain from cheap oil, Vivek Kaul, 12 Mar 2020
Times of India
In 3 weeks, economic loss from lockdown at ₹4.8L cr, says IIT-B; Hemali.Chhapia; Apr 17, 2020
Exports dive 35%, biggest monthly drop since 1991; Apr 16, 2020
Associated Press
Oil prices shoot up as attack on Saudi facility disrupts output, September 17, 2019
www.americange...
I always surprise by this channel's output...be it their conceptualization...be it their animation...be it their engaging narration....be it quality of production... everything....hatsoff to the team...Bisbo is always the best....and we wish many more topics and videos from you!!...btw this video is also classic
Wow thanks Ajay
Bro can I translet yo video in Hindi if u don't mind
Not gonna lie. Bisbo's production quality has ìmproved a lot.
Thanks Vatsalya
@@BisboWorld 😊👍🏻 keep it up guys
No other channel simplifies complex international topics like you Bisbo, and brilliantly explained too.
Wow, thanks SMS
Keep it up Bisbo 👌🏻
No hate man but sorry to say there are many like Simple History, Oversimplified and Yarnhub. But no matter what they are really seemed to be improving!👍
One of the best channels out there
Thanks Daniel
I've been a fan of Bisbo for couple of years now but recently I've started thinking that the quality of the video content is dropping and not covering all the facts. This video is awesome, clearly explained everything. Keep it up guys!
Thanks Akash. Your high expectations help keep us on our toes.
While Pakistan has reduced Petrol Prices by Rs 10 , and Diesel By Rs. 15 Indian Govt. has shamelessly increased the oil price, (Remember that Jumla : "Bahot Huyi petrol par war , abki bar @#$% Sarkar") Shame on our Govt.
Plz Do Not Reply how do you reckon the govt is going compensate the huge deficit induced by country wide lockdown? Low oil prices is going to help the economy. By the way, india does not care what Pakistan does there.. its not like their economy is shining.
@@acerrulz1053 our economy isn't exactly shining too.
Amazing channel. Beautiful story reporting. Good to see it grow.
Thank you very much!
One of the best videos that I’ve watched on RUclips on this topic! Thanks and continue your great work
Many of us from Bangladesh became your fan nowadays!
Hello from Mumbai
when you get this type of content , nobody can't control himself/herself from subscribing the button. I'm compelled to do so. what a content!
Thanks Priyanka
binge watching your channel during lock down. And it is a great way to get insight on relevant topics!
Awesome! Thank you!
A complicated story explained at ease! Excellent quality as always! You could have included ETFs impact here, which tipped WTI out.
It says Putin is Russian prime minister but isn’t he the president of Russia ?
True
Putin keeps switching from president to prime minister and repeat in every election
I'm pursuing economics hons... And am continuously using your videos.... Hey that copyright free I guess🤣.... Thank you for all the information... Few minutes and very fine details... This channel is the best as far... According to the time and information ratios... Animation keeps interest intact and pictographic views keep information intact.
Bisbo your videos are awesome and waiting for more
Bisbo, you are the best 👍
You guys are great! Waiting for further content from You.
Thanks Abhi
Excellent explanation of a complex situation.
Glad it was helpful! Thanks Sangay
Crisp and clear.. ♥️
Thank you so much 😀
@@BisboWorld Bro, as I already asked could you please do a video on dot com boom!!
what a way to analyse things..excellant
Glad you liked it Chandra
You guys do great content.
Thanks Ajay
Guys I follow a lot of youtube channels like Visual Politik, Vice News, Vox, Kurzgesagt, PBS and a lot more and I really appreciate an Indian channel to bring out really informative and ground-breaking facts about events and people of India to youtube. KUDOS for that..!! Great going and please if possible try making a detailed video about the VYAPAM Exam Scandal of MP since the whole information is dispersed and its been going for more than a decade with its first roots seen in 2007.
Then my question is why Indian gov. has increased the price of petrol ?
To get revenue to carryon walfare program and salary of govt. Employees
@@manistersaheb1332 Absolutely redicules Indian Gov is already saving from reduction in crude oil as shown in the video, it was unnecessary to increase the price.
The government has entirely absorbed the crude oil price decline into taxes so pump prices are largely the same. This is 100pc the right thing to do as there are better things for the government to spend money on today than middle class Indians hondas
RUclips deserves more channels like this
fantastic channel, with accurate statistics
Thanks Vinay. Yes we take pains to pack in as much info as possible
Please make animated videos of the corporate scenes as they come into foreplay.
Amazing channel ever seen in RUclips
Hatsoff bisbo
Oil in Turmoil. Wonderfully expressed team Bisbo!
No views 6 comments, RUclips is crazy
No it's drunk
So Good and creative . Hats off Guys . I understood and learnt 70% in clarity of these issues watching your videos.
Very impressive, kudos to your massive efforts in making every single video. Thanks a lot, it really helps in gaining an effortless overview on given issues👍
Keep on going bro best channel I found.😁
Wow, thanks Navdeep
Thank you BISBO
Welcome
Quite informative n quality video...such a topical issue explained so lucidly..Great job!!
Thanks a ton Vidyeshwar
Bhai ek number content hai tera. Keep it up!
I really like the way of delivering the info. And it is not easy to create a limerick. 👍....keep going....
Thanks a lot 😊 Sai Teja (esp for the limerick!)
Nice analysis
Thanks Thomas
Wow short and subjectable clip... superb we will know what's going on around the world... keep it up thankyou Bisbo Boy...😎😎😎
Thanks Basha ji
Nice narration man.. Good job
Good work 👍
Good Work Bisbo
And we need more videos on daily basis
I will try my best. This week target is 3 vids
Good work guys ....u r doing amazing work .... i share your almost each video ..kudoos keep up the good work ..
Many many thanks Eric
But no matter what the petrol / diesel price will never fall..
Great content bisbo! Keep continuing!
I seriously fail to wrap my head around as to why Bisbo had fewer subscribers. Let's run a campaign Bisbo.
Awesome video bro.
We trust bisbo and his Limerick.
Amazing video! Unbelievable
Amazing explaination and presentation. 😇
Happie to se desi chanel with extraordinary content
Weekly dose of gyan. Courtesy of bisbo.
Lol
Good and wonderful topic bisbo 👌
Thanks Shashi
Nice vedio.. you are ryt
Your animation is too good and very funny 😄
bisbo has good quality content now i am proud
Amazing content and illustration. Easy for everyone to understand and gain knowledge. Will definitely try to spread your youtube videos. Keep on making amazing contents. Thanks. oneln
Nice video nice graphics
Thanks Raj
It's true ! NO party lasts forever !!!!
Plz make a Video on PM Cares Fraud, its the right of Poor (Who are Dying on streets) and our Govt. is accumulating it to buy MLAs in upcoming elections
..too much dependence on oil
Hi bisbo ,pls make vids on crime cases , investigation cases , there are plenty of stories on net ....
I think at 7:26 you meant Putin consolidated his position as President and not Prime Minister as you said. Anyhow I just loved you animations and way of explaining. Keep it up 👍
Yes Yesh, you are right
Nice video by Bisbo
Thank you so much 😀 Kiran
Damn....oil is goin all shit man
Who is the sweet voice narrator in bisbo👌👌
If oil is cheaper, why doesn't the price drop?
Tax
The wti futures went negative only for short time.
Yes, we said that at the end of the video
Oil does not equal to petrol. Petrol still require some other ingredients other than oil
18 dislike people are Reliance employees
Have been following ur videos 😊👍 looks amazing 😊 Make a video about hawala money
Which software do you use to create animations?
Maa aagaya bisbo!
Yet no reduction in retail oil prices in india.
Yes, real price is Rs22 with zero taxes.
greedy government
@@BisboWorld you can't say it because India has stock of crude oil before oil the crisis
@@BisboWorld If they sell their old stock at lower they face loss and chances of non renewable also go less
The best animation keep going but please focus more on international topics
OK, will do
Well the cfd contracts went till negetive 33 usd , saw the whole thing go down and back up right before my eyes
I love your vidoe
Thanks Kaleel
Can you make a video about Elgar parishad case please, it's confusing ans complicated
Am here
But fracking is considered to be extremely hazardous to the environment and may also potentially cause earthquakes. Now I understand why the USA are so desperate to become Aatma nirbhar
*Will the Oil price fall further????* Plz reply
But in India it is still inverse
Still paying rs 91 for a litter of petrol
Once all is over oil prices will soar and ppl will make alot of money
The limerick in the end is cringe
Lol, I thought I did a good one!
@@BisboWorld not to demoralize you. The intent may be good. But it feels like a non-serious nursery rhyme at the end of something so informative and factual.
But bisbo when will the common man of India will get cheap oil??
Kindly enlighten us with Madhya Pradesh Honey Trap case.
crude oil prices fell in international markets,but have to pay same amount for a liter in India, any appropriate reason?
Actual price without taxes Rs 22. Rest all goes to govt
Time is a King maker .it can make any slave position to King & King position to slave overnight ,,,so respect time 😎😎
Great Work Bro .
Just a question at 7:26 it says PM OF RUSSIA TILL 2036 , but I read on an article it was designation of President on Which Putin CAN remain till 2036....
Which one is right?
How do you make such great animations?
Adobe Animate
Limerick was awesome
Thanks Satya, I thought so too. Don't manage a good one everytime
But what about turkey and Iran???
More audio clarity required
OK
What is Y2K issue?
Wow
Borrowing #Bitcoin Buying #Tesla Shorting #Oil
Well, Oil "prices" did not actually go negative. It was the derivatives contract price that went down. Huge difference. Dont mislead.
Your accents are really funny 😀
What you use for animation, any suggestions.
Adobe Animate CC
@@BisboWorld Thanks 👍
How do you create such awesome animation. Please post a tutorial some day.
Bisbo in english 😯😲🙈👍👌