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

42,462 Posts.

509

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

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

What each US election outcome would mean for Australian companies & investors

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Making money: How many microcaps should be in an investor's portfolio?

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 214,199 more messages in this thread...

First 31240 Last