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re: Latest Updates: Russia-Ukraine Conflict

Posted on 9/11/22 at 8:35 pm to
Posted by CitizenK
BR
Member since Aug 2019
9898 posts
Posted on 9/11/22 at 8:35 pm to
Meanwhile China and India filled up their storage with heavily discounted Russian crude oil, now the price is dropping. China also signed a big deal with Russia for natural gas, but that pipeline won't be ready for 3 more years. It is said to be 50% discount, but of what, the main indexes are Henry Hub, TTF (the Netherlands) and JKM (Japan/Korea). I don't care if China pays in fishheads, half price means Russia has big issues in future cash flow.
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