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Oil-producing countries this year, this year is seen in a puppy, the lowest level in the lowest level, the lowest level in four years is seen as a sign of confusion.
Price falls from any country that wants to cut the fuel invoice. However, oil-producing nations, low prices can be considered economic difficulties and sometimes political unrest, as the spending of government.
Global production has expected less oil prices due to the demand for increasing demand for demand, the probability of the tariff trade war and the total climate of uncertainty can deepen the woes of producers.
“The steep price will dive and general variability, the global economy will crash this year and the oil will become lower.”
At the beginning of this year, the price of benchmark was a barrel of $ 73, which is high enough to continue the budgets of the most producing nations. However, some countries, such as Saudi Arabia and the United Arab Emirates, are called ambitious development plans and analysts for the price of a barrel of $ 90.
Saudi Arabia and the United Arab Emirates have gained hundreds of billion dollars for huge projects, hundreds of billion dollars to try to move their economies from oil. Although Saudi Arabia pays 2030 development programs outside the annual budget, it depends on a large, futuristic city project, Neom and oil revenues.
To protect these plans, they will not take money or borrow from these rich bays or Gargantuan reserve funds to protect these plans. Saudi Arabia, UAE and Kuwaiti could easily enter the international loan and would complicate their effects with citizens for years, he said.
International sanctions in Iran lowered their oil customers. There is China, but it was noticeable in the conditions of economic slowdown. The United States has small independent processing plants that are sensitive to secondary sanctions that apply against both in recent months. Iran will probably be forced to offer steep discounts, said analysts, to attract buyers.
Iran holds talks with Washington with the future of its nuclear program; Any agreement can bring sanctions relief. But this is not possible this year.
Iran faces increasing pressure to reduce expenses by reducing domestic energy subsidies. When 2019, Annocument erupted the riots and was powered by force. “If the energy prices are very important, because they do not know, then nicatics, riots and demonstrations, riots and demonstrations are relatively high,” he said.
The next door depends on oil for 80 percent of oil for the postponement of the Iraqi government revenues, so a drop of the price will make public sector salaries for time, to make sure that local dissatisfaction is created. Because the country is not under sanctions, it may borrow at international levels, although it is expensive.
Each of the two Libya government has a different half of the country. One of the banks in oil from abroad, and the other manages oil fields. Any price decrease is likely to increase tensions between two income, because analysts.
The Nigerian economy remains very sensitive to a drop of oil revenues depending on the subsid of energy prices. A new, almost completed special processing plant can relieve fuel supply problems that can lead to political disorders.
In addition to Iran, the most common global manufacturer of price volatility, the economy collapsed in 2014-15 during the decline in the economy. The public sector enterprises and a swollen government dependent on high oil prices, such as high oil prices, analysts, analysts, caused protests against the government violently.
The help of Russia and Iran this time this time increased this time, because it can not face the type of fuel caused by Venezuela, widespread dark and refueling for the increase in production and processing potential.
About a third in Russia federal budgetIn a barrel of about $ 70 for oil, the energy revenues. The sanctions reduce the Russian oil to about $ 10 a barrel; After attacking Ukraine, the price cap in 2022 corresponds to $ 60.
In particular, strong oil and gas sales in China and India helped us to insulate the ruling economic flow from the war. The Kremlin has already eaten its reserve funds and another price decline must pay for war and will be difficult.
Moscow, probably still has enough money resources, but can be pain shortly, analysts.