Oil Price War 2020 Explained That Crashes Down To -$40 Per Barrel
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- Опубликовано: 8 фев 2025
- Why do Saudi Arabia and Russia started the price war in year 2020?
April 15th - Support for zero or negative futures and/or strike prices is standard throughout CME systems
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An in-depth study in oil price war, very interesting and factual analysis.
1:40 interesting explanation about the war that is taking place on the price of oil, the way you explain it is very fascinating in a simple and precise way, now I can understand about that situation.
Your detailed analysis of crude oil prices is informative. Due to lockdown in most countries in the world, crude oil prices toppled down that started price war.
I loved the video
Thanks for explaining it so well :)
The analysis in this video proves that the analyst is very knowledgeable about the world oil prices in particular and the politics in general. This is also very useful information for the forex traders to refer.
The video is very well done, trying to cover everything that is really happening right now with gasoline, hinting at the situation clearly of what you want to imply in this video.
this is really interesting and informative video, keep making these kind of videos.
Very detailed and in depth analysis. In my opinion this scenario will continue for years to come.
This helped me understand why these two crude oil giants have started this. This is the lowest price for curde oil after 1999. This video explained everything clearly and how this has impacted the economies across the globe.
Well your explanation is simple and understanding.. Liked the Video.. Iam your new subscriber
Thank you so much 🙂
US oil has never traded negative since data is available. Previously, the price of crude oil had already fallen to record lows since futures contracts began trading in 1983.
You just put some pictures in this video to explain the naration, it's really good idea and very interesting. I thought the price get lower because there's no demand for oil in this situation, this pandemi makes every country trying to focus on their health issue
keep uploading the good stuff
As oil price collapse this is the right time for countries like Philippines or Japan to buy those cheap oil, stock it until the time price stabilize then they save a lot of money from it.
there are tariffs which could be applied temporarily to limit the utter destruction of Americas oil industry. If applied and gradually faced out could provide a time based buffer for US companies to deal with the shock at a time of great stress.
Another, more extreme weapon, would be to sanction Aramco and make it harder for them to find a buyer willing to risk taking delivery. None of this is good in any way-shape-or-form but extreme times require extreme measures.
The timing of this price war is a clear sign that Saudi Arabia has thrown the gauntlet at Trump.
While I love low oil prices in general, sub zero prizes are just insane and a sign that the market for the time being is broken.
Interesting information, since the drop in oil prices has greatly affected the oil-producing countries, whose main economy depends on the import of this oil. Due to the situation, very serious measures must be taken to stop the world collapse. it has seriously affected.
Really enjoyed watching the video. I want more videos like this. I have subscribed to your channel to watch videos like this
Awesome, thank you!
It is incredible all this but that was coming through the quarantine, since there is no active demand because nobody wants to buy.
Russia should have reduced oil production in these times of low oil consumption. And boy the sound effects in the video are funny. Keep up the good work!
Thank you!
finally I can understand the fall of the oil, in Venezuela the problem is similar it is all a problem with that
Unfortunately for us Venezuelans, oil has been a bad thing that did not happen because of oil we abandoned other fields that today would be saving us in the midst of this crisis due to low oil prices.
We need more legit analysis like this, so that we can prepare ourselves for the upcoming period. There's a lot of turmoil coming. Should we expect an escalation and a debt / currency war as well?
I call it a story more than an analysis. Saudi Arabia continue flooding the market with oil even today, they haven't stop since the beginning of the price war.
It's hard to tell, as explained in the video, 75% of revenue of their country were made on top of Oil exportation. They are gambling with their country. If they happen to have a similar contracts like the Russia and China has. Gaining market shares are not their first priority anymore.
I would like to create more video like this, but it took me 80 hours to complete. 😒
Now I can understand what happens with oil and this war that these countries have, it's incredible how power and money lead states to do crazy things
Let's hope this happens soon and oil production will stabilize properly and the global economy depends on it.
I suppose they need to concentrate on the product itself and not the container. The production of the container should be minimal and prioritize the necessary product. It makes no sense fluctuating the Oil cost with the bases of external costs like containers and transportation costs.
Magnificent work that you did. that the facts confirm that legislatures exploit the pandemic to oversee oil costs in support of them and control the economy
I think this war for oil has been venerable for the Netherlands, I am from Mexico, and the products derived from oil such as gasoline are lower than ever.
I still don't get how the price can be negative? Seem weird to me that you'd actually pay people to take your oil
How does the price of oil influence developing countries and their economic situation in these times of pandemic?
la verdad que muy interesante y didáctico. para saber un poco lo que vemos en las noticias todos los días y conocer el trasfondo de todo esto
I believe oil will never be as high as it was a few years ago. At least not in the next 1-2 decades.
What is the next step?want to know more update.
The Russia-Saudi Arabia oil price war of 2020 is an economic war triggered in March 2020 by Saudi Arabia in response to Russia's refusal to reduce oil production in order to keep prices for oil at moderate level, since its consumption fell dramatically due to 2019-20 coronavirus pandemic
I don't understand why the price of petrol is not cheap in India ? Its still 72 INR.
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The excellent video helped me a lot to understand the fear of oil and how these great powers attract the interest of this resource called black gold. We can also see that the US dollar. USA its seed comes from oil.
friend how do you get those statistics to be able to make a video also explaining the oil crash
What do you mean?
Can you tell us when and where Putin agreed to reduce oil production by 9.7 MBD?
April 13rd or 12nd EST
In the morning, sitting on his private or evening, before bed?
Maybe here, on 4-th April...?
Maybe here, on 4-th April...ruclips.net/video/5hTWri_7eks/видео.html
Or maybe here, on 3-th April....ruclips.net/video/LVqt7R7xHy8/видео.html
It's all about oil. It's free, and we pay it and it's expensive. Now they have no one to sell it to and that's the problem
Why in America oil price is more cheaper from water?
Why?
esta sitacion a traido n impacto tan significativo en los precios del petroleo que nos levara an cambio obligatorio de como se percibe las cosas
Güncel dünya haberlerine göre petrol fiyatlarının düşmesi muhtemel.
woow what an interesting shock as the price of this once valuable commodity brings rashing shifts in the economies
They should lower the prices
hedge fund, strategic petroleum reserves and even all the oil powers can't stop what is coming. the world will change.
Man, the world is crazy.
Saudi's know the price war with Russia would eventually backfire, experts highlight, with the best scenario for both sides
So, the covid-19 is kicking the economy and what is why the price of oil is now... priceless? This is madness
Due to this reason and the global pandemic, is there a recession?
Well as venezuela It's all about oil. It's free, and we pay it and it's expensive. How can we ude the oil to have a best economic situation?
corona virus is also the cause of increased oil prices
now i can get the bigger picture, but i taught that KSA and US are allies no?
Yes Saudi Arabia and United States were allies..
money makes everything worse
This is happening for covid-19. None can do anything but can Allah ....
Hola saludos