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30.04.26 - 15:36
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Russia Says UAE′s ′OPECxit′ Won′t Spark Immediate Price War (ZeroHedge)
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Russia Says UAE's 'OPECxit' Won't Spark Immediate Price War
Russian Deputy Prime Minister Alexander Novak, quoted by the Russian news agency Interfax, downplayed fears that the UAE's planned OPEC exit will trigger an immediate oil price war and race to the bottom.
"In the current situation, what kind of price war can there be when there is a shortage in the market?" Novak said, adding with the Strait of Hormuz remaining all but closed, "a huge amount of oil isn't reaching the market today, and demand is significantly higher than supply."
Novak said Russia and Saudi Arabia have yet to discuss the UAE's decision to leave OPEC, effective Friday. He reiterated that Moscow has no plans to leave the OPEC+ alliance.
Novak's core message is that the global market is supply-starved as the U.S.-Iran war chokes energy flows through the Hormuz waterway. Large volumes of crude remain physically constrained, keeping global demand above available supply and limiting Abu Dhabi'...
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30.04.26 - 12:54
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Angst im Kreml: Sind die Russen bereit, Putin aus dem Amt zu jagen? (Die Presse)
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Der Unmut in Russland nimmt rapide zu, denn der Kontrollwahn der Geheimdienste vermiest den Menschen den Alltag und der Ukraine-Krieg lähmt die Wirtschaft. Der Kreml kann nicht mehr leugnen, dass manches aus dem Ruder gelaufen ist. Könnte es bald zu einer Palastrevolution kommen? Die beiden Russland-Experten Gerhard Mangott und Vasily Astrov (WIIW) im Podcast der „Presse“....
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