Chris Weafer - Eurasia Group

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Last quote by Chris Weafer

I think what greatly concerned the Kremlin was that ordinary people protested…The idea of real people in the streets with some real issue, they freak and they address it very quickly. Both leaders, both governments are concerned about social issues on the back of tighter budgets. For Saudi, the deputy crown prince has really staked a lot om the budget revisions, on the 2030 program, and also getting a Aramco away at a very high rate.feedback
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May 15 2017 Kremlin
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Chris Weafer is associated, including Russians and OPEC. Most recently, Chris Weafer has been quoted saying: “We have the Russians supporting not just OPEC but mainly Saudi Arabia. To extend the production cuts is being pushed by Deputy Crown Prince Mohammed Bin Salman. For him, he wants the Aramco IPO to be successful and for that he needs $55 oil. I think that's why this deal has been pushed. For Russia, It's good politics.” in the article Russia and Saudi Arabia have more reasons to extend deal than just oil.
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Chris Weafer quotes

Nov 10 2016 - Trump-Putin

I don't see the U.S. dropping sanctions ahead of the Europeans ... and Europe doesn't seem to be in any mood to drop sanctions any time soon.feedback

Nov 09 2016

A Trump presidency is not a magic bullet for Russia's economic problems.feedback

Nov 03 2016 - Iran

We are absolutely aware that everybody is engaged at some level. It's because the prize is too big not to be engaged.feedback

Sep 20 2016

Investors are sanguine because the assumption is China will cut a check.feedback

Sep 20 2016

In terms of Mongolia's economy these are very significant amounts. The country is in dire need of either a debt restructuring or a Big Brother loan.feedback

Aug 31 2016

Foreign investors ... all understand what is happening, which is an internal battle they are not involved in.feedback

Aug 03 2016

The government presents a positive image domestically, but in reality they are hoping for nothing else but oil prices to grow.feedback

Jun 08 2016

The sale of the surplus equity or even half of that would greatly ease pressure for the government to implement either extra taxation, or dividend requirements on Rosneft. investors are also holding out hope for a buy up that could create new energy partnerships and developments going forward.feedback

Apr 16 2016 - Qatar

I do not expect to see a firm agreement coming from Sunday's meeting. I think kicking it down the road to some future deal is the best we're going to get ... kicking it down the road and hoping the oil market fundamentals improve enough. When this started, the oil price had dipped below $30. They had to do something and creating optimism has worked very well, and it has had traders building long positions.feedback

Apr 12 2016

That will be the key meeting that will determine where the oil price goes over the next 12 to 18 months.feedback

Apr 12 2016 - OPEC

The headlines are just reflecting the optimism from the Russian camp. The Russians say there will be a freeze agreement because they want one, and they have no other choice. It's quite clear that the Saudis don't want to go to this meeting. This is something they've been almost dragged into, and they've indicated they prefer decisions stay within OPEC.feedback

Jan 28 2016

I really don't think that has any legs. I don't expect we will see any talks coming from these, and the other reason I think the Saudis would not really pursue this is because the real target of the Saudis is the U.S. shale producers. Unless they are also part of an agreement, I can't see Russia or Saudi cutting their own production to help the shale industry.feedback

Jan 28 2016

These are routine meetings. The meetings undoubtedly took place. We should not interpret these meetings as any sort of roundtable call to action. They have these meetings regularly and discuss what they can do about the oil price. ... It would be wrong to suggest that Russia is now spurred into some type of emergency action.feedback

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