Oil cost $30
The cost of the most important commodity asset, oil, largely depends on the situation in the financial markets. At the end of 2018, this asset fell from $87 to $50 and there was a shakedown in the global market. Earlier, in 2016, oil quotes dropped below $30 per barrel, and it almost became a disaster for a number of countries. In the event of such a development, the collapse may recur. In order for oil prices to crash even more, the desire of large market players is enough, and the OPEC+ deal to reduce production will not affect the situation, experts are sure.