Your opinion on oil price rise is not correct.
Refineries do not produce oil, they refine it. Oil fields produce oil, these have not been attacked.
With less refinery capacity to refine the available oil, that oil will proceed to global markets. More available oil means a lower oil price.
The price rise is limited to rising fuel prices on the local Russian market, which they are currently experiencing due to Ukrainian strikes on refineries.
- Forums
- World Politics
- Russia Ukraine war
Russia Ukraine war, page-212983
-
- There are more pages in this discussion • 28,907 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries