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pibroch

5,139 Posts.

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23/04/24

10:41

Post #: 73471576
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Originally posted by tangs: ↑

LOL
you are looking at what oil price is now ......NOT what russia are getting for their oil ......BIG idfference !
The $60 cap .....and the dependance on China meaning a big discount when China buys .
I understand that discount was of the order of $15 per barrel .....and their is some mucking around with transhipment to (very thinly) disguise sanction busting that costs a little too .

Then there is the big loss in gas sales .
Mr neutral still posting misleading info for russia .

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Here's a link to the current concise bible on Russia's oil and gas revenue. As you can see, the sad reality is that Russia is doing quite okay.

https://www.oxfordenergy.org/wpcms/wp-content/uploads/2024/03/Follow-the-Money-Russian-Oil.pdf
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