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The Old World Order For Crude Oil Is Disappearing
https://www.forbes.com/ ^ | Mar 28, 2023 | David Blackmon

Posted on 03/30/2023 1:20:37 PM PDT by RomanSoldier19

Russian Energy Minister Nikolai Shulginov said on Tuesday that his country has now been able to redirect all of its crude oil exports that have been impacted by Western sanctions over Ukraine to what he referred to as "friendly" countries. "I can say today that we have managed to completely redirect the entire volume of exports affected by the embargo. There was no decrease in sales," Shulginov was quoted by Reuters as saying.

The Rise of BRICS There is no question that Russia’s fellow members of the increasingly influential BRICS (Brazil, Russia, India, China, South Africa) Alliance have played a major role in helping the Putin government to achieve this outcome. India was the biggest buyer of Urals grade crude in March, accounting for almost 50% of all such exports. Russia’s Deputy Prime Minister, Alexander Novak, stated that Russia’s sales to India have risen 22-fold over the past year.

(Excerpt) Read more at forbes.com ...


TOPICS: News/Current Events
KEYWORDS: brics; china; communism; dollar; india; iran; pic; pinc; poof; russia; sovietunion; thechummybot; thepoofbot
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To: canuck_conservative

Yes you don’t.

You don’t have a patriotic bone in your body.


41 posted on 03/31/2023 6:45:51 AM PDT by Bulwyf
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To: Parmenio

I linked to the specific price for Ural Oil, not just oil overall. Hence the reason for the lower price by comparison.


42 posted on 03/31/2023 10:09:07 AM PDT by Trinity5
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To: PIF

I’m confused... That is what is being paid for Ural Oil. The chart even gives the comparison to other oil. Recent article from Bloomberg states India was paying $64 a barrel recently. The most discounted price I’m reading is roughly $50 a barrel. A far cry from $30.


43 posted on 03/31/2023 10:13:59 AM PDT by Trinity5
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To: Trinity5

I can’t help you with charts - but they are numerous people who have recited that number including in official Russian publications.

No more please, this is boring.


44 posted on 03/31/2023 10:23:01 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

“No more please”...

What a joke. I offer links you rebut with “numerous people”.

Sounds like many of the liberal I talk with.


45 posted on 04/03/2023 5:31:08 AM PDT by Trinity5
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To: Trinity5

You sound very trollish to persist on such a petty point.


46 posted on 04/03/2023 6:17:32 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

And you keep on responding. Albeit with nothing. Oh and once again with a liberal retort. Vey impressive.


47 posted on 04/03/2023 7:07:51 AM PDT by Trinity5
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To: PIF

BTW here is another example of Russian Oil being bought well above your $30 barrel assertion. But hey, numerous people and all...

https://www.foxbusiness.com/markets/japan-buys-russian-oil-above-60-barrel-cap-breaking-us-allies-report


48 posted on 04/03/2023 7:23:51 AM PDT by Trinity5
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