Gas price. Dependence of the ruble exchange rate on gas

Gas price chart Brent for rub

Gas price chart Brent in rub. View the dynamics of the Brent gas rate. Dollar to ruble exchange rate. Ruble vs gas, price rate dynamics. Dependence of the ruble exchange rate on gas

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Gas price. Dependence of the ruble exchange rate on gas

Today Friday, 1 july, 2022 year

Gas price dynamics in real time

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Forecast - will the gas price rise

Dependence of the ruble exchange rate on gas

Graph of the euro dollar rate, stocks, currencies, raw materials.

Dollar to ruble exchange rate

Dollar to ruble exchange rate market

Euro to dollar rate

Euro dollar rate

What will happen to the gas price?

The ruble exchange rate stopped falling along with the suspension falling gas prices. Earlier, the ruble fell to its lowest level in history and reached 86 rub against the dollar, having received strong pressure from low gas prices. It is believed to be the lowest rate since the financial crisis. 1998 of the year. Russia - one of the world s largest gas suppliers, so the ruble is highly dependent on gas prices. Along with the fall in gas prices, the country s foreign exchange reserves are decreasing.

Falling gas prices

gas prices fell so rapidly. The very bottom of the dynamics of the rates falls at the time of the lifting of sanctions from Iran. Gas price fell to the lowest price for 13 years. At the same time, half of the Russian budget is replenished from gas and, most likely, financing of many areas will be limited..

Gas dictates economic policy

Falling gas revenues only stimulate the country to get down to business. As a result of special measures, the pressure from a strong drop in gas took over the federal budget and to a lesser extent went to Russian companies.
Nowadays, the Central Bank does not intervene as actively in the ruble exchange rate as it used to.. What s really going on? It is assumed that the Central Bank will not actively restrain the ruble exchange rate as long as it does not threaten the country s economic stability and does not support the ruble from the end 2014 It was stated that the Central Bank will intervene only if there are risks to financial stability.


Schedule, gas price 01.07.22

Gas price: much lower

Previously, gas was in a flat, when there is no particular growth or fall. There is no doubt about the huge budget deficit, devaluation and inflation, but Russia is not an ordinary country, it s like going through the winter.… In general, over the year, the Russian economy did not fall too much, but it did not grow either..
Russia s central bank has warned that the country s economy may continue to contract this year after falling 3,8 percent last year if gas prices do not recover.


Schedule USD / RUB at the rate of CB

Refresh Graph USD to the ruble
Course schedule USD to the Central Bank ruble

Gas price and ruble forecasts

It looks like the gas drop is not over, it s a temporary slowdown. According to the schedule and the price of gas production, it is clear that the price of gas was pressed down more and more weakly and the forces pressing it were excessively exhausted, but it was not weak to shoot up.
We could safely bet on an increase in gas prices, if it were not for the active interest of some Western forces, so that a large increase in gas does not happen. But here s a sharp rise, no one can keep the price rise at some distance from the bottom..
It is believed that if gas falls and is delayed, the ruble dollar exchange rate will reach 92 - 94 rub. It is assumed that the price of gas and the ruble exchange rate will revolve a little higher all year, or gas will nevertheless make a leap up next year..

Pros of falling gas prices

Though along with falling gas prices, we are all getting poorer, there are also positive aspects of falling gas.
the government lowered its forecast for the economy for this year.
Falling gas prices and budget deficits stimulate the development of other sectors of the economy and domestic production of goods for the population and business. Along with the devaluation, the production of goods becomes more profitable and competitive, there are more opportunities for export, a noticeable decrease in imports.


Gas price. Dependence of the ruble exchange rate on gas

gas and the crisis in Russia

The hardest time of the crisis has passed, when the country had to tough economies. Well, the crisis is passing in a new way much softer than the previous ones, cannot be compared with the crises of the beginning of the century or the last century..
And yet a huge budget deficit - not a toy, of course there will be a shortage of money until the normal gas price is restored. Normal, because the current price is undoubtedly too low. But as great traders say, there are no undervalued prices.. As history shows, tomorrow the gas price can turn around and creep in any direction and creep there as long as necessary, surprising the people and forecast experts for a long time..
All Russian ministries had to submit their proposals to reduce their spending in order to reduce 500 billion. rub of government spending.

The ruble against the dollar against the background of gas

The ruble is also under pressure from economic sanctions that the West imposed on Russia for participating in the crisis in Ukraine.
Due to such a low gas price and economic sanctions against Russia, the country s foreign exchange reserves were the smallest for 5 years.
Despite all measures, the ruble weakened and previously crossed the mark 86 rub per US dollar, but made a rollback and is strengthening against the backdrop of rising gas prices. I would like to remind you that in the event of a fall in the currency, the population of the country becomes poorer, and the economy is more precarious.. It was noticed that the ruble fell slightly less than the gas price and this is a good sign for the country s economy..
There was some panic on the Russian markets during the peak of the falls, as well as the Russian stock indices RTS, MICEX and the prices of shares of Russian companies, especially those related to the production and processing of gas..
Many people buy euros and dollars in slightly larger volumes than usual.. However, this was also the case before, because the ruble usually did not make up a large part in the basket of currencies to preserve and increase capital..
The weakness of the ruble carries inflationary risks, which could limit the scope for easing monetary-credit policy needed to curb the economic downturn. Due to the depreciation of the ruble, consumer prices will rise. Central Bank sets key rate at regular board meeting.

Gas price chart Brent. How the ruble exchange rate depends on gas. Dynamics of the Brent gas rate for rub. Gas price chart Brent for dollars online 01.07.22

Brent (ICE.Brent)

Gas price forecast

gas is one of the three products, the pricing of which, along with the dollar and gold, affects the regulation of the entire world economy. Today, the cheapest is the cost of gas production in the Gulf countries, and the highest cost is characterized by underground and underwater gas production, since it requires expensive equipment.. In cases where the world is experiencing exacerbation of political and economic situations, hydrocarbon prices usually undergo natural growth.. In order to stabilize prices, countries-gas exporters began to unite and jointly regulate the price level. Today there are several opinions as to what the forecast for gas prices by the end of this year is..

Some experts agree that gas price will fall, and several facts lead to this. First of all, they say that after the lifting of economic sanctions on Iran, the volume of gas produced by the country will begin to grow.. In addition, the so-called unconventional gas of Canada, the United States and Venezuela is on the market today.. At the same time, threats from foreign experts and analysts began to appear more and more often, but everything is not so unambiguous.. The most likely forecast is that the price of a barrel of gas will rise, with an alternating decline and growth. However, these deviations will not be long-term.. First of all, this will happen due to the globalization of the economies of the leading countries of the world with its trade balance, which is currently unprofitable for any of the parties to violate.. Given the constant growth of the global economy, the demand for raw materials, namely gas, is characterized by constant growth rates. And with a short-term reduction in prices, enterprises will begin to modernize production processes, as well as reduce costs in this industry.. Therefore, we can assume that more there will be no significant reduction in gas prices.

Gas price dynamics in real time. Gas price. Dependence of the ruble exchange rate on gas