As is known, Russia has made every effort to ensure that a meeting of the countries, oil producers in the Qatari capital Doha with the aim to achieve a reduction in oil production
It is understandable, because now the price of oil is only slightly higher than cost price in Russia and we need to do something. Long before it began, Saudi officials have made statements that are not going to cut production, because they will accept a price in $20 and $30 per barrel, would be higher than the cost in 3-4 times. For Moscow such prices is a death sentence. It is at the bottom of the world prices for oil, rested in the Lord scoop. For this reason, the Kremlin has made every effort to today's activities, urging the Saudis the most erotic way. They say that the Saudi Minister called Lavrov, himself sang in Riyadh belly dance and do more playful things, just to otmolit sins. In the end, "for the debauchery going". That OPEC was attended by Arabia and Qatar (the host party), here are the free lances – a sweet couple: the Russian Federation and Venezuela (who else?). However, the event was still called Iran, from Tehran but, at the last moment called and said to have opened without them, because the leadership is busy with other activities. It would not hurt if it was someone else, but the Iranians, of which already l Haskovo called "Persians" explained that they cut nothing. In fact, the producers suck oil at maximum, and this maximum the Kremlin would like to reduce. Iran is a different story. There, after the lifting of sanctions that barely reached the level of 50% of the production here desanctions level. It is reasonable to believe that Oh, he is cut there will be nothing but Moscow has promised OPEC to resolve the issue with Tehran. As you can see – failed. The Iranians refused to reduce and even freeze amounts. They stated that first there will be 100% of production, and only then – will take part in such scenes. I mean, Iran has promised to raise the level of production no matter what.
It is believed that the States gave the concepts of Arabia, and can play with Moscow to snap, because Iran will still kill the party, and all the blame will fall on Moscow, which has undertaken to resolve the issue with Iran has not decided. And so it happened. The initial formulation of the question on the reduction of oil production became irrelevant even before the start of the meeting. Say that have seen the draft outcome document, which had milder language, namely, the reduction and freezing production at the level of performance of January this year. But even this didn't work. Arabia stated that they are ready to make concessions, if all producers play by the same rules: ice, all ice, cut, cut all over.
Someone can say that the position of Arabia is quite pragmatic and verified. Construction of Riyadh and there are not enough active work of the Kremlin with Iran, failed every agreement. Formally this is correct. The parties agreed to take necessary measures so that in June will return to the discussion of this question. But here is the moment that for some reason left out of the equation. The current price of oil around $43 per barrel. This higher profitability of American shale, but also not sweet candy. But if the country went into decline and the price would have grown to $50, then the States would be pulled in to increase production so that all producers become sad! While the States are able to trade. If they go to the market to squeeze them out would be impossible – not the case! For this there are both reserves and production capacity, and removed the ban on oil exports. By the way, these watches at the Greek port of Piraeus, starts unloading the first tanker delivered to Greece American oil. This occurs on the day when Russia is begging the producers to apply the brakes.
Thus, the Russian Federation emerges a classic situation of zugzwang, where every next move, and inaction, lead to the deterioration of her situation. Citizen Putin will soon realize that kimono and pulled podvesov his black belt, chess won't win.
Source: http://defence-line.org/
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