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To: BobL

Your link is for OIL exports no mention of gas.
FROM YOUR LINK;
“The revenue is still down 43% from a year ago, the IEA said,as Russia is forced to sell its barrels to a more limited pool of customers who can negotiate greater discounts”

Yes China and India are buying CHEAP at a major discount.and at the same time selling DEAR, the clever bastards!
That is called arbitrage.
The more China and India sell the lower the world price, as supply may exceed demand.

And just for fun China and India are paying Russia in Yuan and Rupees!!! Not at all good for Russia.


31 posted on 05/19/2023 5:27:03 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last messa)
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To: DUMBGRUNT

“Yes China and India are buying CHEAP at a major discount.”

Then why did Japan DEMAND to be allowed to pay more than the price cap for their Russian oil?

But nice try!!!


36 posted on 05/19/2023 5:55:53 PM PDT by BobL
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