Oil crisis of 2020: causes, consequences and solutions

The authors of the article analyzed the oil crisis that occurred in 2020. The study examined the factors that provoked the crisis, as well as the consequences for the countries exporting hydrocarbons. The purpose of this study was to provide a comprehensive analysis of the state of the oil market on the eve and during the development period. In conclusion, the authors proposed variant recommendations aimed at mitigating the consequences for the economy from the crisis in the future and at achieving Russia's performance in the oil market.