CURRENT STATE OF THE WORLD OIL MARKET

A.A. Yeshtayeva, e-mail: eshtaeva1998@mail.ru, N.E. Dabyltaeva

2021

Full text Open access: Gold Metadata (CSL-JSON)

DOI 10.51579/1563-2415.2021-1.08

Data confidence 70 medium

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Abstract

This paper discusses issues related to the current state of the world oil market. The system of indicators of the development of the world oil market has been determined. Analyzed the current state of the world oil market and changes in it that followed due to the outbreak of coronavirus and the rupture of the OPEC + deal. The modern world market for oil and oil products is one of the key markets in the world economy, which explains the importance of its research in the context of analyzing industry markets. The basic forecast of the development of the world oil market for 2020 is considered. The reasons for the change in the forecast of the oil market development for 2020 are revealed.