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bcr

4,701 Posts.

125

05/06/22

19:58

Post #: 61830961
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Originally posted by Cosmoterios ↑

That was what I suggested last week would happen.

India in the last 3 months have imported some 60M barrels (27M barrels in May alone).

That is more than 4 times what they purchased from Russia in 2021.

Its a great opportunity to make a lot of money: you buy between $75 to $80, refine it and sell it at a premium. Nobody will know where it originate from, once its refined into petrol and diesel.

And I suspect other countries will catch on, they will buy Russian crude, mix it with other crude (if they choose to), refine it and resell to EU countries at a huge profit.

The EU and US simply opened up new opportunities for smart business people to make a lot of money.

Expand

That was what I suggested last week would happen.

Expand

How many Billions of US dollars were you suggesting this would involve?

I'd like to know; because I'm keen to educate myself about how many barrels a day the US imports from India.

Show us your 2022 US import data source.

Last edited by bcr: 05/06/22
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