quote:
The oil part is not speculation. Both China and especially India both have Putin bent over and putting it to him. Income from oil has dropped substantially for Russia while it has soared for China.

You seem smart:

Russian Oil Revenue up 50%

$20 Billion Per Month

Soaring

Keep me posted on when you'll break down the Russian military strategy for the board. Thanks.

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Posted by CitizenK

Member since Aug 2019

10614 posts

Posted on 5/15/22 at 5:07 pm to alpinetiger

Seems like propaganda. They are selling a lot to India at 40% discount, when they sold none before, which has been well documented, and China at 35% off. Europe is stupid enough to pay full price, but the increase in tight shale production here forecast to be 1 million BPD extra will likely all go to Europe. We also know that 2 million BPD is shut in due flaring at those big wells is not occurring.

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Posted by BlackPawnMartyr

Houston, TX

Member since Dec 2010

15499 posts

Posted on 5/15/22 at 5:45 pm to alpinetiger

Thanks for posting. I was skeptical but was willing to give the other a chance to provide a link. This makes a lot more sense. Obviously if they were selling at a 40% loss while others were selling at enormous gains, it would create a flood of profitable middle men to bid on the discrepancy, and close the huge gap.

This post was edited on 5/15/22 at 6:01 pm

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Posted by CitizenK

Member since Aug 2019

10614 posts

Posted on 5/15/22 at 10:17 pm to alpinetiger

I might find some Enron stock somewhere for you to buy

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