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| Caucasus/Russia/Central Asia |
| Lithuania has blocked Russia from using its railways to ship coal, metals, electronics and other goods to the military exclave of Kaliningrad |
| 2022-06-21 |
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| Posted by:Fred |
| #19 And of course, each barrel Russia sells helps keep the price lower for everyone else. Wrong. You completely missed what's going on. The price is dramatically - $40 lower, even - for only CHINA and INDIA. They're paying around $80/bbl. The Indian companies turn around and sell a large portion of that oil to the poor suckers in America and Europe - for $120 per barrel. The price is ruinously high for the US, and for the couple dozen or so countries that are trying to punish Russia by signing on to America's unbelievably foolish, completely hollow sanctions. Americans and Europeans are getting fucked in the arse -- by their own leaders. Truly unbelievable. |
| Posted by: Spats White3102 2022-06-21 23:33 |
| #18 ^ *claps* Your trademark subtlety, tw. |
| Posted by: Matt 2022-06-21 23:00 |
| #17 “Russia, instead of falling further, is almost close to its prepandemic levels.” The fact that Russia is making less money than she might per barrel is being made up in volume, yes? And of course, each barrel Russia sells helps keep the price lower for everyone else. Are those reselling Russian oil charging Saudi prices or something between Saudi and Russian? If the latter, surely they, too, are helping keep a lid on prices for those not buying oil from Russia. |
| Posted by: trailing wife 2022-06-21 22:41 |
| #16 In May, China’s imports of Russian oil rose 28 percent from the previous month, hitting a record high and helping Russia overtake Saudi Arabia as China’s largest supplier, according to Chinese statistics. India, which once purchased little Russian oil, is now bringing in more than 760,000 barrels a day, according to shipping data analyzed by Kpler, a market research firm. “Asia has saved Russian crude production,” said Viktor Katona, an analyst at Kpler. “Russia, instead of falling further, is almost close to its prepandemic levels.” |
| Posted by: Spats White3102 2022-06-21 22:18 |
| #15 Too funny. "Boomerangs" 🤣 New York Times: Western Move to Choke Russia’s Oil Exports Boomerangs With China and India buying the Russian oil shunned by the West in an effort to force an end to the Ukraine invasion, Moscow is earning more now than it did before the war. SEOUL — When the United States and European Union moved to curtail purchases of Russian fossil fuels this year, they hoped it would help make the Russian invasion of Ukraine so economically painful for Moscow that President Vladimir V. Putin would be forced to abandon it. That prospect now seems remote at best. China and India, the world’s most populous countries, have swooped in to buy roughly the same volume of Russian oil that would have gone to the West. Oil prices are so high that Russia is making even more money now from sales than it did before the war began four months ago. And its once-flailing currency has surged in value against the dollar. Russian officials are smirking over what they are calling a spectacular failure to cow Mr. Putin. And the economic pain the oil boycott was meant to inflict is reverberating not so much in Moscow but in the West, especially the United States, where skyrocketing oil prices pose a potent threat to President Biden less than halfway into his term. |
| Posted by: Spats White3102 2022-06-21 22:13 |
| #14 It's the most lucrative trade of the decade... it's called "Fuck the Americans" 😂 |
| Posted by: Spats White3102 2022-06-21 21:10 |
| #13 Indian oil companies buy Russian crude in huge volumes at at a $30-40 discount, sell some to domestic customers, and them refine the rest and re-export it to American and European buyers. They're making windfall profits as are the Russians. Poor American and European saps are buying Russian oil, funding Lutin's war effort ... and over-paying by about 40%. |
| Posted by: Spats White3102 2022-06-21 21:06 |
| #12 ^ It's that Russia-China-India-Israel-Gaza-Taiwan oil purchase coalition! |
| Posted by: Frank G 2022-06-21 20:46 |
| #11 WSJ NEWS EXCLUSIVE | OIL MARKETS India Tells Oil Companies to Load Up on Discounted Russian Crude Purchases by state-owned companies could limit the pain for Moscow from Western sanctions over the invasion of Ukraine By Anna Hirtenstein and Benoit Faucon June 21, 2022 The Indian government has asked state oil companies to scoop up huge volumes of cheap crude from Russia, according to industry executives, strengthening commercial ties with the country even as the West tightens sanctions on Moscow. |
| Posted by: Spats White3102 2022-06-21 20:41 |
| #10 Lithuania imports 17% of their electricity from Russia - just an observation So? |
| Posted by: Rob Crawford 2022-06-21 16:31 |
| #9 Darth Putin on twitter: It's not a blockade of Kaliningrad, it's a "special access denial operation" |
| Posted by: Matt 2022-06-21 16:26 |
| #8 Vindman sounds like he is bragging about it. |
| Posted by: swksvolFF 2022-06-21 10:09 |
| #7 Lithuania imports 17% of their electricity from Russia - just an observation |
| Posted by: Cloluck Bourbon1058 2022-06-21 10:07 |
| #6 An information source of the wrong polarity? Oh noes! I mean, how do we know that 'Lithuania' even exists? Have you ever been there? |
| Posted by: SteveS 2022-06-21 09:40 |
| #5 He directly cites a source. He might be scum, but there's no evidence he's making this up. |
| Posted by: Rob Crawford 2022-06-21 07:43 |
| #4 sourced from "Alexander S. Vindman (@AVindman)"? From that lying shithead? Really? |
| Posted by: Phomoque Pelosi5181 2022-06-21 06:10 |
| #3 /\ Similar to Gov. Andrew Cuomo's administration's nursing home fiasco in New York ? Nothing to do with the 'plandemic' (you remember the memory-holed term), 'open borders' or 'replacement people' conspiracy theories of course. Everyone knows we don't operate like that. |
| Posted by: Besoeker 2022-06-21 04:45 |
| #2 Kaliningrad, formerly known as East Prussia till the Russians ethnically cleanse the place and annexed it. |
| Posted by: Procopius2k 2022-06-21 04:15 |
| #1 They have been warned. Pull the bears finger and see what happens. |
| Posted by: Dale 2022-06-21 04:15 |