Australia's largest stock trading and investment forum Australia's #1 stock forum

Russia Ukraine war, page-31240

First 31240 Last

Share
Profile

Follow
tangs

45,990 Posts.

522

24/05/22

16:55

Post #: 61593890
Share

Originally posted by mickban: ↑

They might be pumping the stuff to make it look like everything is normal.
But no one is buying it lol.

Cargoes of Russia's flagship crude oil at sea climb to record high

HOUSTON (Reuters) - Some 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are sitting in vessels at sea, data from energy analytics firm Vortexa showed, as traders struggled to find buyers for the crude.
The United States and other countries have banned imports of Russian crude and oil products over its invasion of Ukraine, and others have avoided acquiring cargoes out of fear of future sanctions. The European Commission is considering an embargo of Russian oil.

The volume of Urals crude oil on the water is triple the pre-war average, Vortexa said, even as Russian seaborne oil exports fell to 6.7 million barrels per day (bpd) so far in May, down about 15% from the 7.9 bpd in February.

Expand

Putin IS a genius - all that oil he can't store - he's put it into ships .
But Putes , what happens when you run out of ships to fill ?
Laugh a minute !
3 Upvote

Reply

Top Stories

WIN

'Incorrect datasets': Old irony sets WIN Metals up for golden opportunity at Emjay

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

AII

Inside the depths of Panasqueira: A legacy carved in rock

ASX Market Close: Tariff fatigue truly evident; RBA eftpos proposal sinks Tyro

First 31240 Last

SPONSORED BY