The head of Rosneft, Igor Sechin, told in an interview with the Russia 24 channel, under what conditions, in his opinion, oil prices can be restored. He believes that at the end of the year, a barrel of Brent can cost $ 50-60. Sechin called the condition for rising prices "the output of [American] shale oil from the market." We appreciated the probability of this here . Oil prices collapsed after Russia left the OPEC+transaction. The main supporter of this decision was Sichin.

The recipes of economics, announced by the authorities, clearly do not have time for real business problems Due to the pandemic, the situation in the global economy worsens so quickly that even the most authoritative organizations have to rewrite macrognoses every week. Leading economies in the world are already in recession, economists and global banks say. This diagnosis has not yet been officially diagnosed with Russia.

The Ministry of Finance changed the rules of public procurement: most of the goods and services from the only supplier can be bought without a competition, they write “Vedomosti”. In the letter of the Ministry of Finance, which is quoted by “Vedomosti”, the spread of coronavirus is called the circumstance of force majeure. Customers are allowed to refer to him by organizing purchases from a single supplier without a competition, if other methods take more time.

Aeroflot sent the media notifications of the termination of marketing, advertising and information contracts: a fall in income caused by pandemia forces the largest carrier to reduce many costs of expenses, the Vedomosti writes . Due to the pandemic, Aeroflot refused about a quarter of flights. Russia limited the air traffic with many countries. Among them are the EU countries, Great Britain, the USA, Israel and the UAE.

Andrei Kostin, the head of the second assets of the Russian Barcom, turned to customers with a calming statement: despite the fact that the usual course of things due to coronavirus is violated, "it is important not to forget for a minute: soon everything will work out, the world will win and this disease will arise new opportunities." Kostin promised customers that the bank would fully fulfill its obligations, write Vedomosti.

The main news about the spread of coronavirus in Russia and in the world and new measures of the struggle against it - on March 20. In the world According to Johns Hopkins University Coronavirus Resource Center: Sick: 246 thousand (March 19 - 223 thousand) Recovered: 86 thousand (84.5 thousand) Died: 10,000 (9100) The dead from coronavirus in Italy (3400) has become larger than in China.

The number of cases of infection of coronavirus infection in Russia increased by a quarter in one day - from 199 to 253 cases, the operational headquarters for combating coronavirus said. Compared to the previous day, the virus is registered in 9 new regions of the country. The number of cases increased by 54 people. The day before, the number of cases increased by 52 people, the day before - by 33. Of all the new cases of infection 33, it was recorded in Moscow.

The Bank of Russia expects a slowdown in Russian economy in the second quarter of this year - but not a recession, said the Chairman of the Central Bank Elvira Nabiullina. She told about this at a press conference at the end of a failed week, after the regulator decided to leave the key rate unchanged . “Usually a recession is called a situation where a negative rate of economic growth is several quarters, at least two.

The Chairman of the Central Bank Elvira Nabiullina talked about how a decision was made to maintain a key rate, whether Russia is waiting for a recession and what she thinks about a forecast for a rate of 100 rubles per dollar.

An unprecedented clash between two oil giants - Russia and Saudi Arabia - threatens to bring down the price of oil to $ 20, but Moscow will never go to reconciliation of the first, writes Bloomberg. The Kremlin spent years to create reserves for this kind of crisis and is sure that it will last longer than Riyadh. What's happened The entire oil market observes whether Russia or Saudi Arabia will go to reconciliation with painful collapse of oil prices.

In addition to the decision expected to maintain the key rate, the Central Bank today published a detailed package of support measures of the economy and Russians “in the context of the Pandemia of the Coronavirus”.

The Federal Antimonopoly Service demanded that Aeroflot reduce ticket prices to Russia so that this is due to the fact that Russians are massively returning from countries with a dysfunctional epidemiological situation.

The Bank of Russia today has retained the key rate of 6%. The decision coincided with the expectations of analysts. What's happened? The Central Bank recognized a significant discrepancy between what is happening in markets with the basic scenario: this is due to the "spread of the coronavirus epidemic and a sharp decrease in oil prices." But the collapse of the ruble and inflationary risks did not outweigh the prospects for the economic recession for the Central Bank.

The landslide fall and subsequent jumps in oil quotes (March 18 Brent cost less than $ 25, March 20 more than $ 30) again made a pressing on the market bottom. Almost all market participants told Bloomberg that in any case it is below $ 20, and some forecasts fall to $ 5. Of the two dozen oil plots, 18 believe that Brent will easily break down $ 20 down, and WTI will be cheaper than $ 3-5.

The YouTube video service today confirmed that it will reduce the quality of broadcasting in rollers broadcast in the European Union so as not to overload the Internet, writes Reuters. This is due to the fact that millions of Europeans in the countries of the active distribution of coronavirus switch to remote work and watch the video more. The default resolution will be SD (720 on 576 pixels), follows from the company's statement.