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sanctions have backfired on europe - russia swimming in cash, page-38

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Cosmoterios

19,072 Posts.

2666

02/09/22

22:40

Post #: 63496371
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Originally posted by tangs: ↑

With oil prices up,

actually not ....$86 today and well down from the start of the war
"The country exported 7.4 million barrels of crude and products such as diesel and gasoline each day in July, according to the International Energy Agency, down only about 600,000 barrels a day since the start of the year."so you recognise russia IS exporting less than last year ...and they are discount selling and paying a lot more for transport
so with the gas available revenues well off and there is the continuing cost of the war which is constantly ignored by Putinists and is huge
currently inflation is running at 13.4%THE THREAD TITLE IS FAR. FAR FROM AN HONEST STATEMENT !
You'll find that out ventually .

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Psst....people in the market don't compare WTI to Urals. They compare Brent to Urals crude.

Only someone who has no idea what he is talking about would compare WTI to Urals crude.

Brent is currently at $94.

The differential between Brent to Urals, is now circa $20.

https://www.neste.com/investors/market-data/urals-brent-price-difference#7eb27474

Last edited by Cosmoterios: 02/09/22
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