soooo .... re the oil price a few questions I ask myself 1. what price ARE they selling to China and India , we know it's mates rates but how much discount exactly ? 2.how low will it keep falling , is below $60 really going to happen ? (cost of production estimated mid 50's) 3.Will Russia under the circumstances be able to cut off gas to Europe this winter and stay solvent ????? 4.How will Russia fund the war ?
Likely but tentative answers ... 1. my guess about $10-15 discount at present and dimishing from now I expect 2. it will definitely keep falling for a while but how far ...don't know 3.would be cutting their own throats to do it ...but who knows with Putin 4.Loans from China ? (what will China want as collateral ??)
Pressure is mounting onPutin to find an end t this war !
